Hoodwinked by Mexico USDA Secretary Tom Vilsack’s announcement last week that Mexican Agriculture Secretary Victor Villalobos assured him that U.S. yellow corn would still be imported despite a GMO ban is unsettling for multiple reasons. As noted at the time by WPI, the risk is not that Villalobos will block imports but that COFEPRIS will not approve new traits, effectively blocking American innovation. However, there are multiple other concerns for the U.S. industry. First, the assurance is only for yellow corn, which is a large economic interest but not the only commodity or principle at risk. It may please some Iowa farmers but only being the Secretary of Yellow Corn when Mexico is committing a broadly unscientific and illegal act...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
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.