Line Speed Hogwash The United Food and Commercial Workers Union achieved their goal of obtaining the Biden Administration’s support for a federal district court ruling that pork processing plants must slow down their operating speeds. The Trump Administration had earlier approved the faster slaughter rate. The decision by the Biden White House is ironic in that it is now pushing beef processing plants to speed up their fabrication to address a backlog of cattle and rising beef cutout prices. In any event, ask pork packing plants to tie one arm behind their back and operate less efficiently to appease a labor force afraid of losing jobs will ultimately have the opposite effect – it will encourage plants to automate further and o...
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.