U.S. domestic catfish producers hope that USDA's final rule implementing a more robust inspection program for fish will find the imported variety to be as unsafe as they have charged for many years. However, this is more likely to become a case of “be careful what you wish for.” Catfish Inspection U.S. domestic catfish producers have been trying to block lower-cost imports from Asia for the better part of the past 15 years. This week USDA issued a final rule implementing a more robust inspection program for both domestic and imported fish, which it will directly manage. Because USDA operates a more robust inspection program for meat than does the U.S. Food & Drug Administration on other foods (including fish), the proponents hope that...
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...