As WPI reported, the House Agriculture Committee marked-up the farm bill last Thursday, 23 May. Going into the mark-up, USDA Secretary Tom Vilsack said the bill causes a “crack in the coalition” necessary to complete a farm bill, while Senate Agriculture Committee Chairman Debbie Stabenow (D-Michigan) and Ranking Democrat on the House Agriculture Committee, Representative David Scott (Georgia) issued a joint statement saying the House Committee draft would “split the broad, bipartisan coalition that has always been the foundation of a successful farm bill.” In the Committee session, Scott said in his opening comments, I cannot, I will not support this bill, I will vote no and I encourage my colleagues to oppo...
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.