Prognosticators are signaling a lot of consensus around some key issues going into the new year. When everyone agrees, the usual advice is to run for shelter because it is bound to be wrong. Yet, it all could be true. The so-called honeymoon period for a new president has gotten much shorter over the years but President-Elect Biden’s success could involve serious effort on areas of consensus, while limiting actions to symbolism on issues in dispute. Areas of Consensus Agriculture: Farmers voted for Trump, but Democrats want to court support from, not retribute against, this constituency. Farmers received huge cash infusions from Trump as trade war and COVID-19 relief, Biden could continue that flow but based on the adoption of bette...
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.