PRC Pattern Against U.S. A final trade agreement between the U.S. and China remains elusive, with Beijing now insisting on more extensive tariff elimination by Washington. As if to highlight the power of its position, China announced that it will buy $100 million worth of European pork in 2020 from Danish Crown, and it lifted the ban on imports of Canadian pork and beef. Meanwhile, President Xi Jinping did not even reference the U.S. when speaking this week at the China International Import Expo about his country’s interest in negotiating more trade deals. Separately, analysis on the recent completion of the Regional Comprehensive Economic Partnership (RCEP) appears mixed: • India’s withdrawal from RCEP means it won&rsqu...
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.