World Perspectives

Waste a Crisis II; Risk-Benefit Analysis

Waste a Crisis II The U.S. Senate came close to a deal on a $2 trillion coronavirus bailout package for the economy before a partisan fight over unemployment benefits got in the way. Eventually there’ll be a deal and there will be lots of goodies in it that are completely unrelated to the pandemic. The Senate bill will have to be merged with a House version and the higher spending legislation will prevail. In the Senate bill, USDA gets $9.5 billion to spend on a variety of measures both good and bad, plus $14 billion to replenish the CCC slush fund.  One provision would send extra money to the Supplemental Dairy Margin Coverage program, not because coronavirus spoils milk but because typical oversupply issues are hurting proces...

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WPI Crop Progress and Conditions App (Updated 15 April)

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Summary of Futures

May 24 Corn closed at $4.315/bushel, down $0.04 from yesterday's close.  May 24 Wheat closed at $5.5175/bushel, down $0.0425 from yesterday's close.  May 24 Soybeans closed at $11.5825/bushel, down $0.1575 from yesterday's close.  May 24 Soymeal closed at $338.5/short ton, down $...

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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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