U.S. dairy producers demanded this week that the Trump Administration ensure that Canada and Mexico adhere to their commitments for market access under the USMCA. That is a reasonable request, but the dairy market needs to be kept in perspective. U.S. dairy exports have been growing at 4.33 percent per year despite the global market expanding at just a 1.88 percent annual rate. Canadian consumption has been growing slightly faster than global demand, but Mexican consumption grows at a slightly slower rate. The real problem for U.S. dairy is over-production and a flawed incentive system. In terms of trade, the industry has been doing well; it is dairy policy that is flawed. ...
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.