Grand Bargain Senate Majority Leader Harry Reid (D-Nevada) gave the first public signal of where the current crisis in Washington is headed – toward the grand bargain. As with trade negotiations or business transactions, deals are more easily done when it is a single undertaking with a myriad of complex and important details. Funding the government and avoiding default are unavoidable. Meanwhile, the President says the Trans-Pacific Partnership (TPP) negotiations will be completed by year's end, but in truth he needs trade promotion authority first. Everyone agrees there needs to be tax reform, and entitlement reform would give markets long-term comfort. Senator Reid hopes for more revenues for the government, which is anathema to the...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.