Boehner Salvages Farm Bill Critics excoriated it, Democrats voted against it and President Obama made a grandstanding veto threat against it, but U.S House passage today (216-208) of just the farm support components of the larger legislative package moves the process one step closer to enactment. A reported upside, which the White house should support, is the bill's replacement of the ridiculous 1930's era language as the "fall back" so-called "permanent law" with the current bill's language. Where there is pending trouble is the House Republican leadership's intent to bring to the floor a separate bill reauthorizing the Supplemental Nutrition Assistance Program (SNAP) or food stamps. The program is in need of amendment, but...
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.