Yesterday, the House Rules Committee met to develop the “rule” for considering a “minibus’ package of seven annual appropriations funding bills for FY 2023, which includes the ag appropriations bill – it also includes transportation, energy and water, housing, interior, military construction, and veterans’ affairs. In the House, the Rules Committee establishes a rule for floor consideration of legislation. That rule outlines the time of debate and the potential amendments which may be offered; there are 26 amendments allowed on the ag appropriation’s part of the minibus, all with 10 minutes each of debate. Now that the rule is final, the minibus appropriations can move to the floor of the full Hous...
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.