World Perspectives

His Excellency Hyperbole; Expanding USMCA

His Excellency Hyperbole In group dynamics, all manner of threats are used to try and compel action. These include setting deadlines, threatening adverse consequences, or promising rewards. At this week’s G20 meeting hosted by India, most of the effort was getting past conflict over Russia’s attack on Ukraine. India refuses to criticize Russia. There was some agreement on issues like supply chain and digitization, but Indian Trade Minister Piyush Goyal warned participants that if they remained intransigent in their positions, the WTO’s 13th ministerial conference in February could be unmitigated disaster! Rather strong language for an organization that has not had a significant ministerial in decades.  In fact, the...

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May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close.  May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close.  May 26 Soymeal closed at $309.9/short ton, down $...

FOB Prices and Freight Rates App (Updated 4 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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Market Commentary: Fundamentals in the Backseat; Conflict Impacts Driving Markets

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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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