The January 2019 soybean futures chart (see below) clearly shows the steep price decline that occurred after China imposed a 25 percent duty on soybean imports from the U.S., a retaliatory response in its trade dispute with the latter. The soybean trade issue was a hot topic across farm country during the midterm election, although it didn’t seem to hurt Republicans. Incumbent Senator Heidi Heitkamp (D-North Dakota) pounded on this in her campaign, but she still lost by a wide margin. It was interesting that no campaign ads mentioned the $1.65/bushel special government soybean payment. 85 cents of that has been authorized to be paid as soon as farmers confirm their 2018 soybean yield, and it is assumed that the remaining payment will...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.