The Senate ag appropriations bill includes funding and reform proposals for two programs that will help make the farm bill slightly easier to craft next year.Following in the steps of the House Appropriations Committee, the Senate Appropriations Committee approved its FY 2018 agriculture appropriation bill yesterday. However, the Senate committee differed in that it made a few down payments on two major concerns teed-up for action in the 2018 Farm Bill, cotton and dairy. At issue is making cottonseed eligible as a minor oilseed under the farm support programs (see Ag Perspectives, 21 February) and participation in the dairy Margin Protection Program (MPP) more attractive to milk producers (see Ag Perspectives, 9 March).CottonThe Senate ag a...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.