According to leaks from the administration, the president's spending blueprint will adhere to the Bipartisan Budget Act agreed to in December that set spending caps for both FY 2014 and FY 2015.The White House is scheduled to release its budget next month on 4 March. This starts the process for the FY 2015 federal budget. Details are leaking out today that the president's budget will reflect his vision for the nation. Under the Budget Impoundment and Control Act, the president is supposed to submit his budget to Congress on the first Monday in February. However, the delays in meeting budget details over the past few years have resulted in the postponement of this budget proposal. The president's budget was submitted to Congress last year on...
Key Takeaways: Soyoil futures have been trading at the highest levels since 2022. Higher crude oil prices have allowed biofuels to be more cost-competitive with fossil fuels. Recent U.S. biofuel policy, including 45Z, has been favorable toward soyoil as a feedstock. California will be limiting...
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.