Bright Belgian Light According to Euractiv, Belgian Federal Minister David Clarinval said he would emphasize food sovereignty as he assumes the Presidency of the EU’s Agriculture Council for the next six months. He said, “we must provide farmers with the tools to produce sufficient and high-quality food for Europe [as well as supplying] third countries." Apparently, food is only to be exported and not imported. He then expressed his support for new genomic techniques, saying they are “crucial for the agriculture of the future.” But apparently not that crucial. Belgium will abstain from any votes on the issue because that would offend the Greens. But at least farm groups are improving their political position in Eur...
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.
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...