Bark Worse than Bite The Biden Administration has proposed new rules for poultry companies to be more transparent with growers about the number of chicks they will grow including a minimum, and the feed that will be used. Moreover, USDA commits to review claims from growers. Under the tournament system, growers compete against one another in performance and the complaints driving these measures are from the less competitive growers. The measures are annoying to the processors, but their cost will be borne by consumers. The processors point out that there is a long waiting list of farmers wanting to join the current system. Separately, more provocative legislation is stranded on Capitol Hill and so a new approach would simply require the FT...
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.