Politicians blamed Covid and now Putin for the crisis in food and energy, but they have been just as complicit in the ongoing shortfalls. All industries, including agrifood, are hurt by the energy crisis. Putin is simply exploiting a situation caused by Washington and Brussels as they falsely assumed that withdrawing support for fossil fuels was essential to rowing the clean energy sector. There would still be inflation in energy without the Ukraine problem. Now the same leaders talk about capping or taxing “excessive” profits, which means creating a disincentive to more output. The food versus fuel debate that erupted during the last bull market in agricultural commodities is going to return with the growing incentives f...
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.