Two of the changes to USDA spending programs included in President Obama's proposed FY 2016 budget are related to the federal crop insurance program and could be considered by Congress.As we outlined yesterday, President Obama's proposed budget introduces a number of changes to USDA spending programs as well as new user fees. We foresee the latter to be dead on arrival on Capitol Hill, while some of the policy changes could be considered. Two of those are related to the federal crop insurance program.The first of these changes involves reducing the premium subsidy for revenue coverage that protects upward price movements at harvest. This type of insurance has similarities to private risk management strategy such as call options. Providing t...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
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.