World Perspectives

The Trade Pact Formerly Known as NAFTA

Like many things with Trump’s trade negotiating process, there are perhaps more questions than answers about the newly announced U.S.-Mexico trade accord. It appears that tariffs have been removed on ag products as general treatment, however, the Section 232 sanctions on Mexican steel and aluminum are still in place, and thus are retaliatory tariffs on U.S. pork and other products. Details are emerging, and it is quite possible that some are still being finalized.   After all this time at the negotiating table, and with market ups and downs having been survived, the logical question is, “what’s next?” Below is a look at the statutory and regulatory gauntlet (on the U.S. side) through which the agreement mu...

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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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