The Nikkei is reporting that the Trans-Pacific Partnership (TPP) agreement could entail uniform tariffs on agricultural trade across all 12 countries with bilateral negotiations on quota sizes and above quota tariff rates. However, there is a more important outcome. Liberalizing Futures There are many uncertainties in the year ahead, including lower commodity prices and disparate economic growth around the world. One irritation particularly for some Asian countries is the fact that they are major consumers and yet commodity prices are largely determined in foreign places like Chicago. India, which has always viewed futures as dangerous speculators' fuel, has suggested a more facilitative policy. Now China is going to allow foreign i...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.