USDA Secretary Perdue sliced an American honey-baked ham in Buenos Aires on Tuesday to mark the new market access for U.S. pork in Argentina. He said, “This new market is a big victory for American farmers and ranchers. I am confident that once the people of Argentina get a taste of American pork products, they will only want more.” The deal was cut in August 2017 and announced in April of this year. Related to the new access, the U.S. opened the market to Argentine citrus. Imports of lemons from Argentina were blocked for years over a phytosanitary issue. A ban had been placed on U.S. pork in 1992 under the Carlos Menem administration, which was otherwise open to trade and had even pegged the Argentine peso to the USD. The re...
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.