Perhaps the marquee issue for the new Republican majority will be the repeal or majorly reform of the Affordable Care Act, aka Obamacare. There will also be a great deal of effort to reform the Dodd-Frank securities and commodities trading legislation.Following last Friday's report regarding the agenda for the congressional lame duck session that begins this week, today's is a peek at what may transpire in 2015 when the 114th Congress convenes on 3 January.If the lame duck session passes a longer-term continuing resolution (CR), the 114th Congress will be able to proceed straight to the budget process. If not, it will need to deal with another longer-term appropriations bill for the remainder of FY 2014. Either way, Congress will have to se...
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.
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...