Sequester Issues Earlier this summer the federal agencies appeared to be oblivious as to the implications of the fiscal cliff scheduled for 2013. Indeed, they might still be uncertain had Congress not passed the Sequestration Transparency Act of 2012, forcing the Administration to issue a report today detailing its implications. The scheduled reductions vary from -7.6 percent to -8.2 percent, depending on government function. It does not always make sense. For example, crop insurance would be cut -7.6 percent, while food safety and food aid would get dinged -8.2 percent. All of the handwringing and verbal angst are a good thing, as political actors will be forced to address the situation in a more practical way. However, getting to the c...
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.