After nearly a decade of generally excellent crops coupled with high prices that brought the best economic times in history to U.S. agriculture, the immediate problem now facing many farmers is cash flow or the lack thereof.The planting season is quickly winding down. Now with the markets still looking soft, the media has started to discuss the worsening financial plight of farmers. We haven't seen such troubling farm stories for nearly a decade as generally excellent crops coupled with high prices brought the best economic times in history to U.S. agriculture. Those good years were accompanied by a great federal crop revenue protection insurance program that gave farmers a one-year advance cushion against losses. This occurred because the...
What You Need to Know Today: Oil prices surged today following reports of tanker attacks off the coast of Saudi Arabia by Houthi rebels and renewed U.S. threats to escalate military strikes against Iran, heightening concerns over potential disruptions to Middle East energy supplies. Brent crud...
Key Takeaways: The latest UN data shows solid progress reducing global hunger and food insecurity. The geography of hunger-affected people has shifted substantially, however, and Africa is now the most affected region. To understand why hunger patterns have shifted and what policy option...
USDA’s monthly cattle on feed report for 1 July will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 102.2 percent of last year. Those estimates imply an on-feed inventory of 11.327 million head. If accurate, that would be the...
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.