A WTO dispute settlement panel sided with the U.S. (and New Zealand) in a ruling that Indonesia’s food import licensing scheme is illegal. Washington needs to take this win and move on to challenging other countries. Indonesia Down, India Next A WTO dispute settlement panel sided with the U.S. (and New Zealand) in a ruling that Indonesia’s food import licensing scheme is illegal. Jakarta imposes requirements on licensees solely to frustrate the ability to import. These included onerous time limits, seasonality restrictions, limits in distribution, the use of minimum reference prices, and excessive financial obligations. Among Indonesia’s flimsy justifications was the objective of food security. If the WTO were to allow import restrictions...
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.