The U.S. Senate passed its tax reform proposal at about 2 a.m. (EST) on Saturday. Informal conference committee talks began as quickly as later that same day. The official conference process got underway today with both the House and Senate appointing their negotiators. When finished, the tax reform legislation will obviously have a major impact on the economy and budgetary issues. WPI has covered some of its key provisions and even the procedural budgetary effects, but there will also likely be major political repercussions. The tax bill passed the Senate by a vote of 51-49. Only one of the Senate’s 52-member Republican majority, retiring Tennessee Senator Bob Corker, did not support it. Two weeks earlier, the House passed its...
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...
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.