Yesterday's WTO ruling regarding the updated implementing rule for the U.S. country-of-origin labeling (COOL) law could have implications for U.S. denatured ethyl alcohol exports to Canada.As we wrote yesterday, the WTO released its finding that the updated implementing rule for the U.S. country-of-origin labeling (COOL) law is not in compliance with its strictures and must be amended. Otherwise, Canada and Mexico, which brought the case to the WTO, would be empowered to implement retaliatory tariffs. We also listed the products that Canada proposed be subjected to those tariffs, and one of the more interesting items included, particularly given the timing, is denatured ethyl alcohol.With the convergence of blend wall issues and EPA's...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.