It’s 50 days until the 2020 election. USDA is expected to announce the terms of the second round of CFAP payments this week and the Senate Democrats today released a report from the Government Accountability Office (GAO) about the disparity in the MFP payments. As we reported back in February – before CFAP payments were even anticipated – the Democrats on the House and Senate agriculture committees began questioning the MFP payments going to Republican leaning states, primarily in the South. The Senate Ag Committee Democrats released a report pointing out: The last installment of the aid will flow to counties that had higher payment rates, which are disproportionately in the South. The top six states receiving the highe...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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.