Congress is back in session today after a two-week recess for Easter and Passover, and the four weeks until the Memorial Day recess will be crucial for some key issues of interest to agriculture. Disaster Aid -When Congress left for its break, a supplemental disaster aid package that would cover the flooding in the Corn Belt and hurricane damage in the South was left undone, primarily due to a dispute over the amount of funding provided for Puerto Rico. The total amount of aid varies from $13 billion to $17 billion in various proposals. The bill that was moving through the Senate provided $13.5 billion, which included $600 million in nutritional assistance for Puerto Rico. Senate Democrats withheld support to leverage a total of $1.1 billi...
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.