Worker-Centric Suicide The Biden Administration says it wants a worker-centric trade policy, but no one is quite sure what that means. The workers at U.S. pharmaceutical companies probably do not think the White House plan to give away patent rights to COVID vaccines is in their interest. With the U.S. Treasury in the lead, 130 countries have just agreed to a $100 billion tax increase on global companies doing business in their country, including U.S. digital companies like Apple, Microsoft, Alphabet (Google), and Facebook. In fact, the new taxes are targeted at the 100 largest global corporations, 58 percent of which are American owned. The Administration defends the action by saying these companies will still pay less tax at home but tha...
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.