Last week we reported on the deliberations for a continuing resolution appropriations bill and the policy debate on the next round of COVID. As noted, the deadline for the appropriations package is 11 December. House Speaker Nancy Pelosi (D-CA) has stated that she expects the two bills to move together, but also noted that if an agreement on the COVID package could not be reached this week, Congress could reconvene next week. As reported, the plan has $26 billion for the category “Nutrition/Agriculture” with $20 billion set aside for the CCC, but with no further details. That has drawn criticism from outgoing House Agriculture Committee Chairman Collin Peterson (D-MN). Peterson was defeated in his re-election bid and will no l...
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.