The State of the Union (SOTU) annual address is tonight, and President Barack Obama will be presenting his third SOTU to members of Congress. In anticipation of this event, we thought we'd offer some SOTU history, courtesy of former speechwriter for Vice President Al Gore, Robert Lehrman via Politico: Former President Richard Nixon in 1970 reportedly once said, "Agriculture in a State of the Union isn't worth a damn."Others disagree. Commodity and producer groups hope the president will talk about the farm bill. The Renewable Fuels Association (RFA), in fact, sent President Obama a letter reminding him that his upcoming SOTU is a "unique opportunity" to comment upon the "value of a strong domestic renewable fuel industry." The RFA added t...
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.