USMCA Gains Offset by Section 232 A report commissioned by the Farm Foundation and conducted by Purdue University projects that the newly-negotiated USMCA will add a “relatively modest” expansion of U.S. agricultural exports of $450 million, mostly in the dairy and poultry sectors. However, the retaliatory measures taken by Canada and Mexico, a response to the U.S. Section 232 tariffs on steel and aluminum imports, will more than offset that and cause U.S. agricultural exports to those two markets to contract by $1.8 billion and $1.9 billion, respectively. Mexico has placed retaliatory tariffs on pork and cheese, and Canada imposed them on miscellaneous food products. The U.S. and Mexico are working toward a settlement on the...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.