Rail Strike The U.S. House of Representatives is likely to vote tomorrow to block a railroad workers’ strike and/or a railroad lock out of labor. Currently, the deadline for the “cooling off” period is next Friday, 9 December, at midnight, but potentially hazardous product like anhydrous ammonia could be shut down as early as next Monday without a resolution. The vote in the House would impose the proposal reached in September through the Presidential Emergency Board (PEB) mediation guidance released in August. The Senate would likely take up the bill immediately after the House acts but would have to pass the same language for it to take effect. There are 12 railway unions; eight have accepted the contract and four have...
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.