While FAPRI's Baseline Briefing Book predicts a spike in farm bill spending due to lower crop prices, its forecast could affect farm program signup. Farm Bill Spending The authoritative Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri issued its latest Baseline Briefing Book today. While it does predict a spike in farm bill spending due to lower crop prices, its forecast could affect farm program signup. FAPRI's analysis indicates that the Price Loss Coverage (PLC) option will attract more participation than the Agricultural Risk Coverage approach, and although both programs start out equal in outlays, PLC becomes more expensive in the out-years. In other words, its price guarantees are more valuable f...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.