It looks like the Senate Democrats have avoided a game of “musical chairs” for the ranking minority member spots on the Senate Agriculture Committee and other panels, meaning current Ranking Member Debbie Stabenow of Michigan will likely stay in place. The issue revolves around the Energy Committee: current Ranking Member Maria Cantwell of Washington is expected to give up that spot to be ranking member on the Senate Commerce Committee after the defeat of the current holder, Senator Bill Nelson of Florida. This puts Senator Joe Manchin of West Virginia in line to lead the Democrats on the Energy Committee. Because Manchin is from a coal state and expected to not be aggressive in pushing climate change legislation or perhaps ev...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.