Congress returns tomorrow after its Thanksgiving holiday break to face a long list of issues and the time pressurs of finalizing government funding bills. Following is what is on the “To Do” list. Four appropriations bills, including the Agriculture and FDA appropriations, must be passed by January 19th. Complicating that task, in the Senate, Democrat leaders are pushing for an additional, stand alone, $1 billion emergency funding bill for the Woman, Infants and Children’s program to increase benefits for new participants before the appropriations bill is passed by January. The other eight appropriations bills must be passed by 2 February 2024. There are 15 legislative days on the calendar until the Christma...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.