The Coordinated Framework for the Regulation of Biotechnology has not been updated in 23 years, and the Obama administration is collecting public input on what should be changed. There is one point of agreement between both proponents and opponents of the technology. Currency Manipulation President Barack Obama needs a Customs Authorization bill to clear the Congress because it contains enforcement provisions he promised to members who support him in passing the Trans-Pacific Partnership (TPP) agreement. Powerful trade critic Representative Sander Levin (D-Michigan) sees the must-pass bill as his opportunity to address his greatest pet peeve, alleged currency manipulation by countries with large trade surpluses. His proposal would create...
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.
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...