Specious on Trade When asked what it would take for the U.S. to re-engage in trade agreements like the CTTPP, USDA Secretary Tom Vilsack said, “So, I think first and foremost we have to build a strong foundation domestically, where people feel more confident in our economy. That’s why it’s so important for this reconciliation bill and this infrastructure bill to get passed, because that’s what creates the momentum, internally, domestically, to strengthen American families to make them feel a bit more secure, and to create the kind of infrastructure that will allow us to take full advantage of a 21st-century economy.” There are two practical limits to his rational, and one philosophical. From a practical stand...
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.