World Perspectives

Economic Recovery and Quit the Race; Grain Monopolization

Economic Recovery and Quit the Race A Nikkei survey of 145 Japanese company CEO’s found that a majority believe it will take at least two years to economically recover from the coronavirus. Basically, 38 percent said it will take two years and 17.8 percent said it will take even longer than that to recover if at all. In WPI’s own online survey on the topic (see results below), a similar 38 percent of respondents said it would take two years to recover but an additional 31 percent believe it will take more than three years. Please respond to WPI’s newest question asking the percent chance that Donald Trump will drop his bid for re-election. The theory being that support for President Lyndon Johnson jumped from 36 percent t...

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Summary of Futures

Mar 26 Corn closed at $4.24/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0775 from yesterday's close.  Mar 26 Soybeans closed at $10.64/bushel, down $0.005 from yesterday's close.  Mar 26 Soymeal closed at $296.2/short ton, up $4.8 from...

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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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