Stick Picked In U.S. agriculture, the head of USDA is sugar daddy, handing out checks, buying up surpluses and generally using carrots to obtain environmental improvements. By contrast, EPA is the stick side of the equation, laying down regulatory compliance requirements that impose costs on farmers. President-Elect Joe Biden’s selection of Tom Vilsack as the distributor of carrots was welcomed, his pick today of Michael Regan as the bearer of sticks at EPA is less certain. On the hopeful side, Regan has been focused on industrial pollution and his supporters want him to continue his effort on environmental justice – reducing the disproportionate burden of pollution on minority and poor communities. He is from a rural No...
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.