The Senate had no votes on the farm bill Monday night. Because Tuesdays are the day of traditional party caucus meetings and the Senate was in recess for the party confabs, not much progress was made in terms of voting on amendments. However, some action was reported. There are 34 amendments filed at this point. The "box score" is as follows.Nutrition and crop insurance will be the biggest areas of debate and controversy. Today the Senate largely dealt with the nutrition amendments, trying to work out deals and the sequence of votes. Crop insurance amendments will be considered soon. This dynamic has been set up in part by the Administration's Statement of Administration Policy (SAP), which was released yesterday. The SAP states that consis...
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.