Farm income is projected to increase in 2019, which would be the third year in a row of growing farm income, but the reason for the most recent two years’ increase is because of government payments. • Net cash farm income is projected to be $112.6 billion, which is down 16 percent from the record run of 2012-2014 average, but up 7 percent from last year. • Gross income for 2019 is down only 7 percent from the three year 2012-2104 average (less than half of the net income drop) and is up only 2.1 percent from last year. • Additionally, farm real estate debt is way up. At $257.1 billion, it is up 4.6 percent over last year and up 39 percent over the 2012-2014 average. • Farm cash operating expen...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.