Although it is unknown at this point who will be the new USDA secretary, another cabinet nominee is adding to the nervousness felt by some aggies. Now in the past few days, the concern has spread about the influence of an unofficial Trump advisor and RFS critic.As an aside, bovine spongiform encephalopathy (BSE) or mad cow disease was detected in the U.S. on this day in 2003. That discovery will forever be remembered as the “cow who sold Christmas.” Today the sector has expanded and, in fact, peaked in herd size, and it is starting on the downward side of a cattle cycle.In terms of more current affairs, Washington is in the midst of the Trump administration transition, and many aggies are getting the jitters over the pace. 24 December is th...
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.