The House of Representatives today passed the Lower Food and Fuel Costs Act. The legislation was primarily a vehicle to pass the Livestock Special Investigator Act, as evidenced by the other provisions. First, for livestock, the legislation creates a “food and supply chain task force”. However, since President Biden’s February executive order on America’s Supply Chains, the USDA has been the co-chair of the Biden-Harris Administration’s Supply Chain Disruptions Task Force. Earlier this week – i.e., before the legislation was passed – USDA Rural Development State Director for Wisconsin issued a press release on behalf of the Department noting that... The task force is one of several key steps...
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.