The FY 2017 agriculture appropriations bill includes a provision offered by Senator John Hoeven (R-North Dakota), initiated by concerns that some North Dakota and South Dakota counties netted lower payments than anticipated for 2014.The Senate could take up the FY 2017 agriculture appropriations bill this week. That measure passed out of committee in May by a 30-0 vote and included a provision offered by Senator John Hoeven (R-North Dakota), which creates a pilot program for reassessment of how the Agricultural Risk Coverage (ARC) program is implemented. This was initiated by concerns that some North Dakota and South Dakota counties netted lower payments than anticipated for 2014.There were also similar reports from some counties in Iowa. I...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.