Farm Bill Outlook Former Congressional staffer turned University of Illinois professor Jonathon Coppess correctly opines that negotiation on the 2023 farm bill may be quite contentious. That is because farm support programs benefit a very narrow subset of the population, and a vocal group of opponents prefer climate mitigation over commodity subsidies. They will take encouragement from Europe where the CAP is being shifted slowly but away from large producers and toward environmental services. There are more vocal critics of Big Ag in Congress, including Senator Cory Booker (D-New Jersey), who is a vegetarian and wants to limit pesticide usage. The debate will be strongly shaped by which party is in control on Capitol Hill following the 20...
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.