Trump Effect Deborah Elms, Executive Director of the Asian Trade Centre in Singapore, writes in the Nikkei that President Trump’s demand that more countries give up their classification as “developing” countries will “be a legacy that long outlasts the Trump administration.” NATO members are obligated to spend 2 percent of their GDP on defense in support of the security organization but only five Continental European nations do so. Defense spending by Germany, the largest economy in Europe, has been falling and instead of hitting 2 percent by 2024 will only spend 1.24 percent in 2023. However, after much naming and shaming by President Trump, German Defense Minister Annegret Kramp-Karrenbauer now says the cou...
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.