The vacancy on the White House National Economic Council (NEC), which resulted from Gary Cohn’s resignation after the president enacted steel and aluminum tariffs that he opposed, will be filled by Larry Kudlow. Perhaps best known as the long-time chief economist for Bear and Sterns, Kudlow was also a staffer at the New York Fed and previously director of economics and planning at the Office of Management and Budget under President Ronald Reagan. More recently, he’s been the economics editor of the National Review as well as a radio and television host on CNBC. Kudlow was also an informal but influential campaign advisor to Trump along with Arthur Laffer of Laffer Curve fame and Steve Moore of the Heritage Foundation. In fact, t...
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.