NEWS UPDATES IRAQ AND JORDAN FREIGHT ROUTE The route for cargo to and from Jordan by truck through Iraq has been up in the air for the past few weeks, as previously reported here, but Iraqi officials now say that a solution is close at hand — though it appears that it is only a one way solution for trucks from Jordan to Turkey and Europe. Tucks coming in the other direction or returning trucks seem to be complicating the arrangements.Iraqi officials are saying that much of the problem is due to the fact that Iraq has not had a through trade route in at least 20 years and that the systems and controls are just not in place as of yet.It is reported from Jordan that normally about 3,000 truck shipments are made through Syria every mont...
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.