World Perspectives

Commodity Markets Subject to Great Policy Risks

Markets could get difficult to trade moving forward. If the tariff and trade sanction threats weren’t enough, the promises of assistance for farmers coming from the White House and USDA now add another element of political risk for buyers and sellers to navigate. It is indeed hard to keep score of the ongoing stream of political ups and downs that might trigger policy reactions in the coming months before the 2018 election. First, the farm bill has recently become a partisan wedge issue, and its fate is up in the air. A chairman’s mark may be tabled in the House Agriculture Committee as soon as this week, or a one-year extension of the farm bill may just as likely be passed in September before Congress adjourns and heads out to...

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Market Commentary: Bears in Control Again; Trump-Iran-China Triangle Sinks Soybeans

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Mar 26 Corn closed at $4.1975/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.105/bushel, down $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.3875/bushel, down $0.1025 from yesterday's close.  Mar 26 Soymeal closed at $291.6/short ton, down...

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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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