Transatlantic Not Dead President Trump avowed to help Maine’s lobster fishermen who confront high tariffs in China and Europe, in part due to his own trade war efforts. He threatened tariffs on Europe auto exports, and he offered financial assistance to the lobstermen, in addition to expanding their fishing area. But in the end, it was standard quid pro quo trade negotiations that will lift the EU’s barrier to American lobster. To help the lobstermen, the U.S. will have to lift its duties on European products like prepared meals, crystal glassware, surface preparations, propellant powers, cigarette lighters and lighter parts. Surprisingly not on the list is Spanish olives, which had to be high on Brussels’ ask list. ...
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.