Contaminated Rice May Result in More Imports Rice in Hunan, China's largest rice-producing province, was found to contain excessive amounts of cadmium. News about the contaminated rice spread around the country, arousing strong reactions from domestic consumers. At the Lianxi Rice Market in Yiyang, one of China's largest wholesale markets for rice, sellers' stalls are empty and aisles have fallen silent. Rice wholesalers in China have stopped selling rice from Hunan and are buying from elsewhere in the country. Consequently, in May the price of rice from northeastern Heilongjiang province jumped by as much as 2.6 percent.Imports of Thai rice grains are expected to surge in the following months. Despite their hefty price tag, which is nin...
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.