The Senate Agriculture Committee has had some unusual turnover this year, and more is coming. Following is a timeline of the changes. Senator Jeff Sessions (R-Alabama) was appointed to the panel and then left when confirmed as attorney general. He was replaced on the committee by his successor in the Senate, Luther Strange. Senator Strange later lost a primary to the controversial Roy Moore, who then lost the election to Democrat Doug Jones. The open Republican seat on the panel due to the Sessions/Strange departure went to Nebraska Senator Deb Fischer. Notably, her junior colleague, Senator Ben Sasse, left the committee at the end of the last Congress (making room for Sessions) to join the Armed Services and Judiciary Committees. As a res...
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.