World Perspectives

Not “Impossible;” No Solution at Hand; Phase II; Rebuke, Relief, Retreat; Future of Tech

Not “Impossible” Following the Trump-driven upheaval at last month’s G-7 meeting, no one was surprised when he did the same at this week’s NATO gathering. As usual, President Trump overstated his case. Critics jumped to debunk his statement while headed to Brussels that, “The European Union makes it impossible for our farmers and workers and companies to do business in Europe.” The word ‘impossible’ is wrong since the U.S. exports a high volume of farm and manufactured goods to Europe. However, overall trade is in the EU’s favor with the U.S. deficit increasing. This trend can be seen in agriculture in the graph below. Those in Washington engaged in agricultural trade policy with the EU...

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Summary of Futures

May 24 Corn closed at $4.335/bushel, up $0.0675 from yesterday's close.  Jul 24 Wheat closed at $5.6675/bushel, up $0.1375 from yesterday's close.  May 24 Soybeans closed at $11.505/bushel, up $0.1625 from yesterday's close.  Jul 24 Soymeal closed at $343.2/short ton, up $5.8 fro...

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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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