President Trump makes every free market economist cringe when he boasts about getting agreement from other national leaders to purchase more American products, usually specifically referencing agricultural products. He insisted on soybean purchases being written into an agreement with Europe, has frequently spoke of Chinese commitments to purchase agricultural commodities and now he’s added Japan to his list of mercantilist deals. In announcing an agreement in principle on a bilateral trade agreement, Mr. Trump is referenced in media reports as saying that Japan has agreed to buy “excess” U.S. corn. Japan already rivals Mexico for the position of being the number one buyer of U.S. corn and it is unclear what is mean...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.