TPP Reality? Aggies are trying to decipher the degree of seriousness behind President Trump’s announcement in Davos that he would reconsider joining the Trans-Pacific Partnership (TPP). On the one hand, most things that go into a presidential speech are well vetted and discussed. Treasury Undersecretary Davis Malpass has even tried to explain the reversal, saying the U.S. now has better negotiators under Trump and the economy has improved. There is the possible calculation that in the face of worsening circumstances with China (see below), the U.S. wants more political and economic support in the region. On the flipside, this president has a penchant for musings intended mostly just to move the news cycle and capture attention. Embr...
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.