What You Need to Know Today:
The conflict between the U.S. and Iran continues to escalate with the two sides exchanging attacks over the weekend. President Trump said Iran “will pay” for recent attacks that claimed the lives of U.S. troops stationed in Jordan. There are some signs that the two countries want to negotiate, however, with U.S. Secretary of State Rubio saying Washington received communication that Iranian officials want to resume talks. The conflict in the Black Sea continues to escalate as well, with a recent Russian attack killing 10 people aboard a Guinea-Bissau-flagged vessel transporting corn from Ukraine’s Odessa port. China is increasingly in the market for U.S. soybeans, making large (greater than 100...
What You Need to Know Today: U.S. and Chinese officials are expected to discuss agriculture and non-tariff trade barriers ahead of Chinese President Xi Jinping’s visit to Washington later this month, potentially opening the door to additional U.S. agricultural purchases or improved marke...
The U.S. will observe Labor Day on Monday, 7 September. U.S. markets and the WPI office will be closed that day. The next edition of Ag Perspectives will be published Tuesday, 8 September...
Key Takeaways: Drought and changes to the multi-year trend in cow slaughter and retention have the potential to dramatically alter beef trim supplies and pricing, and WPI specifically models three different drought scenarios for fall 2026. Based on our models, WPI expects 90 percent lean...
