Europe’s Promise to Import More U.S. Soybeans a Nothingburger When EU President Juncker met with President Trump yesterday to seek a way to avoid an escalation of the EU-U.S. trade dispute, one of his promises was that Europe would buy more U.S. soybeans in the year ahead. This was claimed as a great success by President Trump. However, greater EU imports were going to happen anyway and not worth Trump’s praise. First, the EU Commission is not a soybean buyer and does not determine what private sector importers purchase. Because of the current U.S. dispute with China and the latter’s imposition of an additional 25 percent tariff on U.S. soybeans, EU importers have already started to purchase more of them. This is b...
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.