Yesterday the EU Commission formally rejected the proposed merger of Germany's Deutsche Borse and NYSE Euronext, the owner of the iconic New York Stock Exchange, almost exactly one year after it was announced. Had it been allowed, the merger would have created the world's largest market for financial derivatives. The proposed merger would have been more of an acquisition of NYSE Euronext by Deutsche Borse (DB), with 60 percent of the stock of the combined corporation going to current DB stockholders and 40 percent going to NYSE stockholders. The merger was valued at something near $17 billion. The rejection did not generate much fanfare since it had been well signaled in advance.Reportedly, all 27 EU commissioners agreed with the EU's Com...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
Key Takeaways: Brazil’s growing role in global agriculture is accompanied by a major vulnerability: the country imports approximately 88 percent of its fertilizer needs. High natural gas costs and development challenges have limited domestic nitrogen and potash production despite Brazil&...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.