The U.S. sugar price is artificially held so high that the product is being smuggled across the border, and now it's politically-created distortions are threatening the Trans-Pacific Partnership (TPP) and high fructose corn syrup (HFCS). Devaluation Game China declared that its change in exchange rate policy, allowing the renminbi (RMB) to adjust based on the prior day's forex market, is an effort to be more market-based. Defenders say it is an effort by China to hush critics of the country's exchange rate policy. However, the RMB is still framed in by a trading band, and others note that it is more likely to be Beijing rushing into the "devaluation game" since the economy has softened.China's currency policy has proved malleable over tim...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.