Donald Trump pulled the U.S. out of the Paris agreement, and now states, municipalities and companies are declaring their own effort to reduce emissions. Interstate Barriers Now that the high court has given California full authority to impose its animal welfare standards on other states, those states previously supplying conventionally-raised eggs have the opportunity to respond in kind. California is the largest farm state, often supplying horticultural crops not grown in major egg-supplying states like Missouri, Iowa or Idaho. Those states could declare their own prohibitions that would hit California such as no copper hydroxide on apricots, no paraquat on figs, or no cryolite on kiwi. Thanking Trump Donald Trump pulled the U.S. out...
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: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...