All eyes are focused on the outbreak of ASF in the Dominican Republic; the disease was traced to backyard operations and has now been found in 14 of the country's 32 provinces. There are about 20,000 backyard farms in the country and about 400 commercial scale farms. About 18,000 head have been culled. This week President Luis Abinader announced funding of 39 million pesos (about $675,000) to compensate producers. The government will buy hogs and manage pork in cold storage to not oversupply the market further depressing hog prices. The bigger market issue is the spread of ASF outside the country – specifically to Puerto Rico which is about 70 miles east of the Dominican Republic (the outbreak started on the western side of the...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...
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.