The first bit of news is the government shutdown has ended. The House voted 222 to 209 to pass the spending package that will lead to the government re-opening through 30 January. Six Democrats voted “yes”, and two Republicans voted “no” on an otherwise party line vote. This will resume government reporting, however, as WPI noted last week, USDA confirmed that the November Cattle on Feed report will be released next week on 21 November. There will be a big sigh of relief from market watchers who are looking for some much-needed transparency, though the information could be troublesome. What we do know now is that producers, with their water carried by Republican Senators Markwayne Mullin (Oklahoma), Cyndy Hyde-Smith...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...