Overall, the U.S. government is starting the new year on a trend toward deficit reduction. This is largely as the result of two trends.Looking back on CY 2013, the preliminary federal spending and revenue numbers show that the U.S. government ended December with a $44 billion monthly surplus compared to a $1 billion monthly deficit.Overall, the U.S. government is starting the new year on a trend toward deficit reduction, albeit slow and steady. This is largely the result of two trends. The first entails the budget crisis negotiations of late 2010 and early 2011, including the Budget Control Act of 2011 that established caps on discretionary spending and instituted the sequester's across-the-board cuts, and the second is the improving econom...
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.