Biden to Get Waterboarding Regulating water quality under the U.S. Clean Water Act has become a political football, changing policies with each change of party in the White House. However, it looks likely that President Biden’s crack at regulating the Waters of the U.S. (WOTUS) is headed for a drubbing in the narrowly divided Congress. The Republican-led House has already voted down the proposed regulation and a handful of Democrats in the Senate are likely to join Republicans in that body in doing the same. The problem boils down to definition and the mistake made by EPA was to draft vague and imprecise language, leaving itself discretion that too few industries trust, and especially U.S. agriculture. The Administration has thus far...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.