House Majority Leader Eric Cantor (R-Virginia) is working on a new version of the nutrition part of the farm bill to be sent to conference with the Senate Agriculture Committee. Work on the draft will continue through the August recess and, if successful, would reach the House floor once it returns on 10 September. With the Jewish holiday Yom Kippur and another recess week in September, there are five days of session before 30 September when the farm bill expires – time will be an issue.A group of 20 Republican lawmakers, led by Majority Leader Cantor, has been meeting to craft a nutrition title proposal to the House. It is presumed that they will employ the same strategy of trying to pass the bill with Republican votes only as...
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.