Today is Election Day in the United States. Up for grabs are the presidency, all House seats and one-third of the Senate. Since we last wrote about the state of the presidential race (see WPI 29 October), not much has changed. An average of the major polls conducted from 31 October through 5 November show 48.8 percent for President Obama versus 48.1 percent for Republican challenger Mitt Romney. Those include three polls that have the race tied, two that have Obama up by 1 point, two that have Romney up by 1 point, and one that has Obama up by 3 points. Those polls have a margin of error of 3-5 points. Even with the questions of who is a likely voter, what the turnout will be, what the partisan registration advantage is, etc., the race is...
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.