USDA’s aid package for farmers, whose income prospects have been impacted by the administration’s use of higher tariffs as trade policy, is reportedly now being reviewed by the Office of Management and Budget (OMB), and it should be ready for unveiling on 24 August. Unconfirmed reports say that it will include a payment of $1.65/bushel to soybean farmers to help offset lower prices that have resulted from China’s retaliatory tariff on U.S. soybeans. However, corn farmers reportedly would receive just $0.01/bushel, which hardly seems worth the effort. Corn prices may not have been directly hit by the tariff war, but there has been some rub-off, and DDGS, a corn by-product, have been targeted. We wonder, though, how the effe...
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.
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...