World Perspectives

Please Don’t Make Me Graduate; Jones Act Burden; Record Presidency

Please Don’t Make Me Graduate Growing up is hard to do and least developed countries (LDC’s) are resisting losing their special trade benefits when their economies grow out of the LDC status. Presenting a litany of excuses in Geneva, they want LDC benefits extended even when they grow richer. Canada called it “backsliding” on WTO commitments but China, which insists it is still a developing country, curries favor with poorer countries by defending their beggar status. The WTO has morphed from being a trade liberalization organization to what many of its members now categorize as having development at its core.  Jones Act Burden The EU is complaining about the U.S. Jones Act, which requires cargoes moved betwe...

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Market Commentary: Today was Green but Headwinds for the Week

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feed-grains soy-oilseeds wheat

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Summary of Futures

Dec 24 Corn closed at $4.24/bushel, up $0.05 from yesterday's close. Dec 24 Wheat closed at $5.365/bushel, up $0.0625 from yesterday's close. Jan 25 Soybeans closed at $9.985/bushel, up $0.11 from yesterday's close. Dec 24 Soymeal closed at $289.6/short ton, up $2.6 from yesterda...

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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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