Economy Threatens CAP Reform Some in Europe say that the Common Agricultural Policy (CAP) Reform as presented by the Commission is now dead. The austerity that lies ahead inevitably will cause reductions in farm supports. The introduction of the eurobonds that are necessary to save the euro is being forced via inaction by the European Central Bank. German underwriting will require the approval of the Bundestag and the political cost will be quite high in Germany, which is why the Germans will extract a high price from other euro members, including taking a big chunk out of CAP spending. Some see an exchange of direct payments for crop insurance system, but the latter program will take a decade to build.Below are the results of WPI's onli...
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.
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...