It was the hope of most aggies late last year that the farm bill would be passed out of the House Agriculture Committee this month with floor time scheduled in March, which would pave the way for Senate consideration later in the spring. However, it currently seems very unlikely that the committee will pass a bill this month as the timing is unsure for Congress to complete action on a budget. The continuing resolution (CR) extending the deadline for federal spending authority or adopting a new appropriations plan for the rest of FY 2018 expires 19 January, but the odds are favorable that another stopgap will be passed. Whether a temporary extension or a final bill, whatever passes would be the fourth spending plan approved in five months...
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: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...