In addition to losing a place for a planned signing after Chile canceled hosting next month’s APEC meeting, the U.S. – China Phase One trade agreement is reportedly stalled over agricultural purchases. It is somewhat ironic that the leaders of a non-market economy are having to educate the leaders of the so-called free world on fundamental supply and demand. No one wants to bind themselves to future purchases they may not need, nor do they want imports undermining their own farmers. Then again, China is a “planned economy” with state-owned enterprises often doing things that would not happen in a free market. With potentially half of China’s pork supply to be wiped out by ASF, perhaps the trade agreement...
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.