World Perspectives

Ratification Prospects; Farm Country Situation; Farm Animal Situation

Ratification Prospects Opposition to the USMCA has been muted as analysts wait to see the fine print behind the Trump administration’s optimistic spin. There is a rational view that a Democratic takeover of the U.S. House in midterm elections will make its approval unlikely. Democratic votes for free-trade agreements are difficult under the best of circumstances, and members will be loath in an anti-Trump election to hand any kind of victory to their party’s greatest nemesis. The announcement that the U.S. and the Philippines will start negotiations on a free-trade agreement is even less likely to get Democratic support. That country’s leader, Rodrigo Duterte, is viewed as a Trump clone. The only hope is that it takes en...

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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