The Food and Agricultural Policy Institute (FAPRI) is a well-known and widely followed agricultural research organization formed jointly by the University of Missouri and Iowa State University. It was established in 1984 by a grant from Congress with the purpose to compile economic projections of U.S. and international agriculture and agricultural policies. FAPRI uses "comprehensive computer modeling systems to analyze complex economic interrelationships of the food and agriculture industry." Each year FAPRI constructs baseline projections for U.S. and international agriculture and markets. They are somewhat similar in form to the baselines prepared by USDA every year, but they are more comprehensive. Although FAPRI consults with USDA, it...
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.