There are five new members of the Senate Ag Committee. Given the 50/50 split in the Senate, there will be an even split on the Committee, 11 Democrats and 11 Republicans (the ratio during the last Congress was 11 Republicans and nine Democrats). Given that the Senate is under Democratic control with Vice President Harris as the tie breaker, Senator Debbie Stabenow (D-Michigan) will be the Committee chairwoman. The new majority Democrat members appointed to the panel are: Senator Cory Booker (New Jersey) who has been active in proposing legislation and pursuing ag policy for several years, but with his objectives so far out of the consensus mainstream production agriculture perspective and no seat on the Committee, they’ve had little...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.