USDA's Economic Research Service has released a report that discusses the potential to foster additional growth in U.S.-Cuba agricultural trade and the possibility of establishing a more normal economic relationship between the two countries.During his State of the Union address, President Obama proposed normalizing relations with Cuba to the expected opposition of hardline anti-Castro members of Congress. The president had previously removed some barriers to travel and trade in December 2014 after five decades of restrictions and embargoes. He also proposed a prisoner swap, which added to the sensitive politics of the situation. Despite the initial backlash after the president's actions, a broad array of agricultural interests took up the...
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.