Understanding Agribusiness and Advancing Policy Farmers are understandably anxious over low prices and now the excess moisture that has spring planting off to a slow start. The Ag Barometer survey of 400 producers indicates confidence that the trade war will be resolved in their favor is down to 71 percent. The ultimate tipping point may be this fall when harvest adds to the oversupply situation. However, hats off to Democratic presidential candidate Cory Booker for pushing back on his primary opponents seeking to break up agribusinesses. Over this past weekend, Booker argued that politicians naming specific companies for dismantling were being Trumpish and not exercising the role of presidents. He correctly noted that antitrust is handle...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.