Mexico Looks to Brazil Last March Mexico suspended all imports of meat and poultry from Brazil in response to the Carne Fraca meat inspection scandal. This month Mexican officials will be in Santa Catarina, Brazil’s largest hog-producing state and second-largest poultry-producing state, to establish an export protocol to supply Mexico with pork. Santa Catarina is also the only state in Brazil that has been declared free of foot-and-mouth (FMD) without vaccinations. Mexico is diversifying its supply base for pork, but the process could be cumbersome given the animal health issue. Were Brazilian pork to gain access to Mexico, it would be through the new duty-free tariff rate quota (TRQ) that the latter created as part of its trade cap...
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.