It was a status quo election from the standpoint of political control in Washington, but that does not mean that things stand still or can now move forward. There are many nuances to how policy will play out, or not, in the year ahead before the 2014 midterm elections.Economy and Fiscal Cliff: The number one issue confronting everyone is the Budget Control Act of 2011, also known as the "fiscal cliff." That is what sent the Dow Jones tumbling over 300 points the day after the election. Lacking an agreement between the White House and the Congress, the country is scheduled for deep spending cuts and large tax increases in 2013 that are predicted by some economists to send the U.S. back into recession. Ironically, a Romney presidency might...
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.