The big three (the U.S., EU and Japan) are opposing a continuation of the Doha round on the basis that the negotiations have gone nowhere for 14 years. Meanwhile, the developing countries have a rebuttal of their own. 21st Century Mercantilism The Japanese government is idealizing measures to help its farmers compete under the Trans-Pacific Partnership (TPP), a move that is roughly an extension of its mercantilist model. It will push for increased exports of some high-value food products while suggesting that any foreign rice that must be imported under the agreement should be poured into a stockpile for emergencies. That means eventual reshipment overseas or use as animal feed. This is similar to the EU model of exporting its higher-cost...
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.