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Farm Bill Conference – Instructions to House Conferees

We wrote yesterday that the House passed two resolutions instructing conferees to:

Seek the repeal of the sugar program. Support a Senate amendment to limit crop insurance premium subsidies for farmers with an adjusted gross income of $750,000 or more.

That was incorrect as it pertains to the sugar program. In fact, the House did pass a rule on considering those resolutions, but the instruction on the sugar program was defeated when considered under the terms of the rule. The crop insurance program instructions did pass by voice vote. Representative Joe Pitts (R-Pennsylvania) offered the sugar language and House Budget Committee Chairman Paul Ryan (R-Wisconsin) offered the crop insurance language.As with the sugar program instruct...

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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.

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