Republican presidential candidate Mitt Romney released his proposed U.S. energy policy this week and it is no different than President Obama's in that both are based on flawed premises. The approach of the past three-plus years has been to subsidize so-called "green energy" sources while concurrently choking off fossil fuels with regulation. Through a combination of slower economic growth and the development of fracking for oil and gas, the U.S. has reduced its net imports of energy (see graph below). The alternative "Romney Plan for a Stronger Middle Class: Energy Independence" basically removes the regulatory constraints on domestic energy production. Like the Obama plan, Romney claims his policy will make energy more affordable, reliab...
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.