USDA’s National Veterinary Services confirmed three new cases of New World Screwworm, including one in a calf in La Salle County, Texas, a goat in Texas, and a dog in New Mexico. That brings the total to six cases. The border to Mexico is closed, with Mexico now implementing a prohibition on U.S. cattle moving south, and Canada has also closed its border to cattle from Texas. The House Agriculture Committee held a hearing on the state of USMCA. The Trump Administration re-negotiated NAFTA, which was ratified in 1994, during his first term, renaming it USMCA. USMCA has been in force since 2020. In a press availability from the Oval Office, Trump said, “NAFTA had no termination. USMCA did one thing that I loved. After six years it...
What You Need to Know Today: The June WASDE report was largely in line with expectations, with no major market-altering changes to the balance sheets. The Producer Price Index rose by 1.1 percent month-over-month in May 2026, exceeding economist estimates of a 0.7 percent rise. The annual head...
Vessel supplies in the tanker sector are tightening as vessels are “disappearing” from the position list. There is some indication that the position list on both sides of the Suez is “wanting” right now and many are expecting an uptick in rates. There is an odd lack of t...
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.