Tomorrow USDA releases a lot of much anticipated data: WASDE projections, quarterly grain stocks, and final annual crop production. Markets will be looking at revised yields, stocks, and acreage details which were murky and uncertain through the spring and fall. For the livestock markets, it will be all about the WASDE export forecasts, as trade is the driver. While, the Japan-U.S. deal is in place, and restores tariff equity with other exporters and was reflected in the December WASDE, it may still be too early for USDA to fully include the China deal (or not), since it’s not actually signed and won’t be until next Wednesday. However, the broiler export forecast does reflect China’s opening of its market. Also, while Mex...
What You Need to Know Today: The U.S. and Iran exchanged strikes, with the U.S. hitting Iranian bridges, energy sites, and military infrastructure. Iran launched a missile into Kuwait that damaged a desalination plant. Crude oil futures surged on heightened Middle East tensions, providing supp...
Congress returned this week from its Fourth of July recess, with another break scheduled for the month of August, to face a busy agenda before adjourning for the August recess. Congress has several priorities, including the National Defense Authorization Act, a potential third reconciliation pa...
There was a time, not so long ago, when you could easily explain U.S. agricultural policy. It was countercyclical and focused on risk management, especially for traditional row crops. There were a few exceptions, like dairy and sugar, which maintained the remnants of supply control. Participati...
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.