Of the 34 seats up for reelection this year, 24 are held by the Republicans and only 10 by the Democrats. That certainly gives the latter more chances for net pickups. It is also worth noting that approximately 70 percent of all corn production occurs in the states with Republican-held Senate seats.With all the focus on the presidential election, there has been very little coverage of the 34 U.S. Senate races this year. The current chamber has 54 Republicans, 45 Democrats and one Independent, Angus King of Maine, who was elected in 2012 and caucused with the Democrats. King suggested he’d consider doing so with the Republicans if they won control of the Senate in 2014, but he ultimately decided to stay with the Democrats on the rationale th...
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.
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...