U.S. Ambassador to China nominee and Iowa Governor Terry Branstad was not expected to say anything about China when he made a keynote address today at USDA’s annual Outlook Forum. Despite critics' caution, however, he did just that. Surprise China Plan U.S. Ambassador to China nominee and Iowa Governor Terry Branstad was not expected to say anything about China ahead of his confirmation when he made a keynote address today at USDA’s annual Outlook Forum. In fact, critics have cautioned that he would be doing that government’s bidding since he is a personal friend of Chinese President Xi Jinping. Instead, Branstad announced that getting China to import U.S. beef and speeding up Beijing’s approval of genetically modified U.S. corn would be...
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...