Tough and Crazy The EU issued its 10 pages of proposed retaliation products in response to President Trump’s steel and aluminum tariffs, and now U.S. Commerce Secretary Wilbur Ross and European Trade Commissioner Cecilia Malmström are discussing “mutually acceptable outcomes” on a number of trade issues. China’s threatened retaliation involves products such as soybeans, sorghum and hogs, although Premier Li Keqiang is making it very clear that he prefers a negotiated solution. Some concessions have been suggested, but the U.S. is raising its demands, including an end to Beijing’s support of state trading enterprises. American beef suppliers would suggest reading the fine print of any Chinese offers. The...
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.