USDA Secretary Sonny Perdue has weighed in on the topic of regulating cell-cultured meat. At the first of a potential series of joint USDA/FDA meetings on how to move forward with regulation, he said there should be “bright lines” drawn on the oversight and jurisdiction for each agency. The FDA regulates food manufacturing, and USDA regulates meat safety through the Food Safety Inspection Service (FSIS). The meat industry jealously guards the role of FSIS in the industry, and the advent of this new product blurs potential regulatory lines and raises questions about which agency would have authority over it. FSIS is responsible for meat from “amendable species” (cattle, hogs, sheep, goats and horses) as well as poult...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.