The first surprise involved reauthorization of the Export-Import Bank, but there were also several others related to the highway bill's funding.Two big victories for most ag groups came yesterday: reauthorizations of the highway bill and the Export-Import (EX-IM) Bank. They were the first accomplishments of new House Speaker Paul Ryan (R-Wisconsin). Outgoing Speaker John Boehner (R-Ohio) did most of the heavy lifting on the more difficult crisis issues regarding the continuing resolution and the debt limit increase. After announcing he was stepping down, Boehner was free of trying to keep party unity with the Freedom Caucus, the 30-40 member group of House Republicans who obstructed a number of issues. As speaker and head of the party in th...
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.