Dairy Crisis Fix The U.S. dairy industry has spent decades myopically focused on extracting high prices for milk out of American consumers. The Federal Milk Marketing Order system is so complex that only an elite few understand how it operates. All the while per capita milk consumption has been plummeting. Exports have been growing at nearly 4.5 percent per year despite the near lack of interest by the industry. For example, the global market demands mozzarella lower in salt, but the domestic industry insisted on making it saltier because that fit the domestic market. Now the reality of the market situation has hit like a 2x4 and a study has recommended some form of revamp. It appears the reality of the situation will finally force some ha...
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...
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.