As clients will recall, the House farm bill was sunk in May on a vote of 198-213. No Democrats voted for it due to the work requirement reforms pertaining to the Supplemental Nutrition Assistance Program (SNAP). Further, 30 Republicans voted against the bill. They were primarily from the conservative Freedom Caucus, which made the tactical move to leverage the farm bill to secure a vote on immigration reform. As of yesterday, a path forward for the House farm bill started to emerge. House Agriculture Committee Chairman Michael Conaway (R-Texas) is working a whip count on the Republican side, meeting with the 30 members who opposed the farm bill as well as the seven who missed the vote and whose position on the legislation is unknown. The g...
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.