USDA, USTR Out of Sync: USDA has been at the forefront of encouraging consumption from local sources (Know Your Farmer, Know Your Food) and has had to be dragged kicking and screaming to end its discriminatory country of origin labeling regime -- which may not, in fact, be corrected. Yet Inside U.S. Trade reports that the "United States yesterday (17 December) urged other members of the World Trade Organization to join its fight against what it says are proliferating informal trade barriers and requirements by countries for local sourcing ... in an effort to favor and protect their domestic industries."Separately, USTR talked a good pro-trade line at this week's Trade Policy Review Board meeting, but Europe remains upset over old BSE-rela...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.