After an approximate five-month delay, Congress has approved a $19 billion disaster bill that would cover in addition to other relief efforts, certain agricultural losses. The House passed the bill 354-58 yesterday (it failed the week before by one vote) and the Senate had passed it by a vote of 85-8 the previous week. The legislation provides $3.005 billion for crop and livestock losses due to hurricanes, floods, tornadoes, wildfires and snowstorms during 2018 and 2019. Once funds are allocated for California, high Plains livestock, southern poultry and other crops, it is not clear how much will go to the corn sector (a great deal of which will be for corn in storage that was flooded). Note that corn was far cheaper at the ti...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.