Deft Farm Bill Maneuvering: House Agriculture Committee Chairman Frank Lucas (R-Oklahoma) was obligated to reconcile agriculture spending in accord with the House-passed budget resolution. To avoid putting his fellow Republicans on record in an election year, he orchestrated a voice vote only in support of cutting all $33 billion in Supplemental Nutrition Assistance Program (SNAP) spending. Then he proceeded to schedule a series of hearings next month on the 2012 Farm Bill. Essentially, he shifted pressure to the Senate Agriculture Committee, which will move to actually writing the farm bill next week, in terms of how much money is cut from commodity programs (the Senate leans toward -$19 billion), and gave opponents of any Senate plan a...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
Key Takeaways: Brazil’s growing role in global agriculture is accompanied by a major vulnerability: the country imports approximately 88 percent of its fertilizer needs. High natural gas costs and development challenges have limited domestic nitrogen and potash production despite Brazil&...
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.