Addressing China’s Mercantilism U.S. sorghum prices plummeted 25 percent on word that China has used imports of this commodity from the U.S. as a retaliation target for trade restrictions imposed by the Trump administration. It is likely to get worse before it gets better. There is debate over whether soybeans will be targeted, but the new certification requirement has already been given, and American supplies will certainly take a backseat to those from South America. The U.S., Japan and EU agreed in a trilateral statement from December’s WTO ministerial in Buenos Aires that China’s practices are unfair and must be addressed. One Japanese official has said that the Obama administration was too timid in taking action aga...
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.