U.S. chicken products have been blocked from South Africa since 2000 – the same year that the United States passed the African Growth and Opportunity Act (AGOA) – and in reaction South Africa constrained the imports of U.S. poultry.The U.S. and South African governments recently met in Paris and came to a deal on chicken trade issues as well as set a timeline to address beef and pork this month. The agreement allowed for the renewed market access into South Africa of U.S. bone-in chicken via a rebate on the anti-dumping duty. The South African government will implement the agreed-upon framework. U.S. chicken products have been blocked from South Africa since 2000 – the same year that the United States passed the African Growth and Opportuni...
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.