This year's farm bill became a showdown over nutrition spending and policy. Predictably, when the cost of the near-trillion-dollar farm bill was reported in the news, farm-state politicians were quick to point out that nearly 80 percent of the spending was not farm related, but rather for the Supplemental Nutrition Assistance Program (SNAP) -- formerly known as food stamps -- and other nutrition programs provided by USDA.So what is the next logical step? The House Republican Leadership is actively pursuing a plan to separate farm programs and nutrition programs into two pieces of legislation. Majority Leader Eric Cantor (R-Virginia), who held the farm bill from the House floor schedule last year, is the chief proponent of the idea. Cantor's...
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.