Crop Insurance Challenge: Any angst over a U.S. Senate vote to reduce crop insurance benefits to the top 1 percent richest farmers seems overdone. Amendment cosponsor Tom Coburn (R-Oklahoma) was correct in asserting that a 47 percent premium subsidy is still very good when you have a large farming operation. More impactful and less likely to pass when the Senate comes back into session on 3 June is a $50,000 cap on crop insurance benefits. In short, this farm bill is likely to pass the Senate with very few substantive changes.Olive Oil Slick: Europeans are finally showing they've had enough of top-down regulation. The EU Commission was forced to reverse a rule that would have required restaurants to serve olive oil in non-refillable bottl...
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...