As the saying goes, "desperate times call for desperate measures." Nowhere is that more evident than on Capitol Hill, where election year politics, budget deficits, looming sequestrations and competing partisan agendas have made the "regular order" for legislation (i.e. hearings, committee mark-up, floor time, and House-Senate conference) a rare process. Of course, as we have pointed out, the Senate is moving on the farm bill in regular order, with the first of four hearings scheduled for tomorrow. But, there are so many priority legislative packages (think employment tax relief extension) and so much must-pass legislation (think debt limit, deficit reduction) that legislators are now "desperate" to attach their priority agendas to these...
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.
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...