Much like a colonoscopy, every few years it is time for another farm bill, and the process of creating one is about as much fun. Passed in 2014, the current iteration is the 17th since the first farm bill was passed in 1933 during the Great Depression as part of President Franklin Roosevelt’s New Deal. It expires in 2018, and the agriculture committees of the House and Senate began work on the next one several months ago. House Ag Committee Chairman Michael Conaway (R-TX) has indicated he hopes to have a bill put together by February 2018. The 2014 Farm Bill contains 12 titles, which cover commodities, conservation, trade, nutrition, credit, rural development, research and extension, forestry, horticulture, energy, and crop insurance...
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.