It’s an annual tradition at this time to look back and assess where certain matters stand prior to the New Year. In that spirit, below is a summary regarding three topical issues. Tax Reform The congressional Republican majority, soon to be down one vote in the Senate (see below), reached a long and difficult compromise on the final passage of tax reform, or so it thought. Senators Marco Rubio (R-Florida) and Mike Lee (R-Utah) are holding out for a more generous child care credit. This threatens what was a finely-tuned, carefully balanced package that could garner enough votes among Republicans, assuming there would be no Democratic support. One final change made to maneuver the bill through the parliamentary process as it relates t...
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...