Farm Bill Movements If a deal can be reached on the fiscal cliff, it looks likely that a new farm bill could be part of the plan following that signal from the White House. More importantly, House Majority Leader Eric Cantor (R-Virginia) indicated he believes he can garner enough Republican votes to pass a farm bill in the House before the end of the lame duck session. He wants a conference committee to be prepared to rapidly reach agreement on such a measure. Rice Decline Japan is about to ship very expensive Kobe beef to the U.S., but the government has announced an even smaller rice production quota for 2013. Consumption in Japan continues its 50-year slide, falling from around 12 MMT per year in 1960 to just under 8 MMT this coming...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.