The House will vote on the farm bill this Thursday. This afternoon, the House Rules Committee is meeting to consider the rule for the House’s consideration of the farm bill, specifically determining which amendments can and cannot be offered. There are a number of controversial amendments, including one offered by Representative Andy Ogles (R-Tennessee) that would, notwithstanding any other provision, prohibit any farm receiving coverage under the federal crop insurance program from being eligible for coverage under either the Price Loss Coverage (PLC) program or the Agricultural Risk Coverage (ARC) program in a single fiscal year. The PLC and ARC programs cover only program crops, about 40 percent of the total crop production in the...
What You Need to Know Today: Wheat futures pulled back sharply after Russian President Putin said there was a “chance” for peace and an agreement to end the war in Ukraine. There is plenty of skepticism about the opportunity for peace in Ukraine, but that didn’t stop wheat fr...
President Trump has opened the door to 100,000 MT of beef lean trimmings (limited to HTS codes 0201.30.5091, 0201.30.5097, 0202.30.5091, and 0202.30.5097) from countries listed under the “Other Countries” TRQ effective 1 September. These imports would not be subject to the over-quot...
Key Takeaways: CHS and OCP plan to invest up to $450 million in a Louisiana phosphate fertilizer facility capable of producing more than 1 MMT annually, marking the first new U.S. plant of its kind in more than 40 years. The facility could reduce U.S. dependence on imported finished phosphate...
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.