As noted in the analysis on recession impacts on grain demand, the Great Recession is an imperfect proxy for predicting the impacts on the current global economic downturn. It may be more like the shock events of 9/11, Hurricane Katrina, or the 2011 Tōhoku earthquake and tsunami in Japan, but those are narrower impacting events. Before markets became as sophisticated, most recessions were the result of supply/demand imbalances. A burst of outsized capital investment followed by a productivity led decline in labor demand stoked the 2001 recession. It turns out that this time really is different. None of those prior events involved the labor shortages and reworked processes currently being experienced in the meat packing industry. Nonetheles...
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.