Most would argue that a drought is the result of little or no rainfall, not exports of agricultural products to China or anywhere else on earth.CNBC carried an interesting article on the California drought and China this week, “How China is changing your dinner plate” (http://www.cnbc.com/2015/10/21/how-china-is-changing-your-dinner-plate.html). It suggests that China’s rapidly expanding demand for California’s Central Valley crops such as citrus, hay and dairy products, all of which require a great deal of water to produce, is actually somehow responsible for the state’s terrible drought. This is an interesting spin on the China food story. The gist of it is that as this Chinese demand increases, the drought worsens because farmers are usi...
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.