Congress Complicit in War The word to the wise is to watch what others do and not what they say, and that is especially true when it comes to politicians. Democrats and Republicans both say they lament the Trump trade war, but instead of stopping it, they are enabling it to continue. Without the trade mitigation payments being made to farmers, support for Mr. Trump would plummet in rural America. The payments are being made via $30 billion worth of discretionary authority in the Commodity Credit Corporation (CCC) Act. Congress has the power to stop it by refusing to replenish the fund. Instead, the Congress last year included language in the spending bill that gave the CCC more flexibility to keep the money flowing. Notably, when the pres...
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.