The Congressional Budget Office (CBO) released a new cost estimate of the proposed Senate farm bill. Over the course of 10 years it would save $26.4 billion, or $3.4 billion more than the Ag Committee's original target. Over the five-year life of the bill, from 2013 to 2017, spending would be reduced by $10.6 billion. Commodity ($207 million) and Nutrition ($28 million) spending would actually increase in 2013 over the baseline before reductions come into play in 2014. Overall, the bill would spend $125 million more in 2013 than the baseline amount. Horticulture, Research, Crop Insurance and Forestry all would increase over the 10-year span of the bill by a total of $4.2 billion.As for commodity programs, there are no changes in 2013 proj...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.