The Republicans struggled with writing the trade-related provisions of this year’s convention platform. That is because their presidential candidate is less supportive of free trade than party functionaries. Platform Jiu-Jitsu The Republicans struggled with writing the trade-related provisions of this year’s convention platform. That is because their presidential candidate is less supportive of free trade than party functionaries. Thus, the platform lauds trade agreements that have “been carefully negotiated with friendly democracies” and says that a “Republican president will insist on parity in trade....” Yet the same document takes credit for a Republican Congress that “has extended to 2025 the African Growth and Opportunity Act.” AGOA...
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.