Ministers meeting in Bali on the Trans-Pacific Partnership (TPP) trade negotiations made a very strong and hopeful statement that negotiators would "now proceed to resolve all outstanding issues with the objective of completing this year..." As opined earlier (see Ag Perspectives 3 October), completing TPP before President Obama has acquired Trade Promotion Authority (TPA) from the Congress would be hazardous. This reinforces the likelihood of TPA being encompassed in a grand bargain since it is unlikely to be accomplished as standalone legislation, and certainly not if all comity is lost in the Congress because one party or the other feels stilted by the outcome of the current standoff in Washington.Less hopeful is future growth in agricul...
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.
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...