USDA announced today a new farm aid package to help offset “unjustified retaliatory tariffs” from the trade disputes with China, the EU, and Turkey. It noted in a press release that this includes $16 billion in total payments, an amount roughly equivalent to half of Wyoming’s GDP. Of that, $14.5 billion will be used to compensate farmers, $1.4 billion will go to commodity purchase programs, and $100 million will be allocated to foreign market development programs. The new Market Facilitation Program (MFP) will distribute the $14.5 billion in direct payments to producers of corn, soybeans, sorghum, cotton, wheat and other crops, including crambe and safflower. Dairy, and hog producers as well as tree nut producers will als...
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.