Aid to hurricane-ravaged Puerto Rico can only be delivered by air or ocean vessel. However, the effort to bring relief has been further hampered by the Jones Act.For more than a week, television news programs have been filled with pictures of the devastation in Puerto Rico left by Hurricane Maria, the strongest storm to hit the U.S. territory in modern history. Maria battered the island with catastrophic 150 mile-per-hour winds and torrential rains that knocked out power and cell phone service for virtually the entire island and its population of over 3 million. Countless homes and buildings were severely damaged or destroyed by the winds and flooding, leaving a significant portion of the population without shelter. Those hospitals st...
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.