As USDA works on the details of a $15-20 billion relief package for agriculture, intended to mitigate the impact of China’s retaliation on the Trump administration’s latest round of tariff hikes, Congress is working on a broader disaster relief bill to cover hurricane damage in the Southeast, flooding/freezes in the Midwest and wildfires in California. The latter measure is part of the congressional leadership’s broader discussion regarding FY 2020 appropriations and raising of the federal debt limit. Congress will target a vote on the disaster relief package this week before breaking for the Memorial Day recess (24 May-4 June), but there is no guarantee of a deal. A vote can be expected in the Senate as Majority Leader M...
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.