The new farm program offers a much higher level of income protection than previously and will therefore offer a greater safeguard from an extended bear market, especially for corn and minor oilseeds.We haven't paid much attention to U.S. farm programs since the bull market started back in 2006-07. Prices have been so far above any of the previous program's price support points that it was irrelevant. That is no longer the case as a new version will be in effect for five years and includes 2014, although it is rather confusing (as in the past) and can be complex. One of the key issues is that farmers must make decisions by the end of March that can't be changed for the program's entire span, but there are some simple choices. They have until...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.