Southeast Asia's palm oil industry has incurred persistent attacks from Western environmental and animal protection groups for its destruction of rainforests and the habitat of animals like the orangutan. Both the EU and U.S. governments are proposing to deny biodiesel made from palm the ability to qualify as an acceptable biofuel because it does not reduce greenhouse gases sufficiently. It is only a matter of time until some consumer group once again slams palm oil in food as a cause of heart disease. Wherever the palm oil industry looks, one group or another is trying to put it out of business.Yet the palm oil industry is immensely profitable. Global demand for palm oil is increasing every year and surplus stocks are very low. The June...
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.
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...