A short-term deal has been reached to reopen the government until 15 February with a “clean” continuing resolution that contains no funding for the wall. The president announced the agreement in the Rose Garden this afternoon. This will temporarily get the agencies within USDA reopened and resuming operations. There will be a big backlog to work through before the farm implementation restarts, ranging from the WASDE and other market reports that were missed to market facilitation payments, farm loans and the like. The Senate, which is in session, could vote on the deal as soon as tonight or over the weekend. The House is scheduled to be out until Tuesday, making it likely that the government will reopen in time for the State of...
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.