China has rejected somewhere between 10-20 cargos of U.S. corn found to have an unapproved GMO event. The next logical question is: what will happen if China follows suit with DDGS?First, Europe and now potentially China: GMOs are having an impact on DDGS trade. This week, according to market reports, China has rejected somewhere between 10-20 cargos of U.S. corn found to have an unapproved GMO event. China's actions, supported by its government, are suspected to be a move to slow down imports into its very bullish corn market. The next logical question is: what will happen if China follows suit with DDGS?There is a model from Europe. In the days before the 2005 Energy Policy Act and the first version of the renewable fuel standard (RFS) th...
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...