During the 2014 Farm Bill negotiations, the Supplemental Nutrition Assistance Program (SNAP) was a divisive issue that delayed final passage of the legislation. In June 2013, Representative Steve Southerland (R-Florida) offered an amendment that became a focal point for the program. It would have encouraged states to establish work requirements as part of the eligibility for SNAP benefits. This was the beginning of the end for the farm bill that year, ultimately leading to the legislative strategy devised by then-Majority Leader Eric Cantor (R-Virginia). His objective was to strip the nutrition title from the farm bill and pass the two separately by party line vote. Now just in time for the 2018 Farm Bill, USDA announced plans last week to...
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.
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...