World Perspectives

Bombs Beat Beans; The Trump Package; Organic Subterfuge

Bombs Beat Beans During the 1980s as the Cold War raged on, the Defense Department opined in the interagency process that U.S. agriculture’s attacks on the Common Agricultural Policy (CAP) were unhelpful. The military viewpoint was that “the CAP is the glue that holds Europe together,” and a unified Europe was a necessary bulwark against the Soviet Union. Spin forward 30 years, and nothing has changed. Donald Trump is attempting to trade continued operations of Chinese telecoms company ZTE, presumably sans its dealings with Iran and North Korea, in exchange for reduced tariffs on U.S. agriculture. Now it is Senate Democrats stomping on U.S. agriculture by sending a letter about ZTE that asserts, “America’s nat...

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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