Directing the Money U.S. Senate Agriculture Committee members are having a dispute over money already allocated. Democrats passed the Inflation Reduction Act (IRA) last year without support from any Republicans. They directed $18.4 billion be spent increasing agriculture’s climate resiliency and conservation practices. Some Republicans now want to redirect those funds to basic farm risk management and income support. While laws change all the time the larger focus should be on CCC borrowing authority. In the depths of the Dust Bowl and economic Depression, the Congress authorized the Secretary of Agriculture to borrow at his/her discretion in support of farmers. Rosina Bullington was a USDA counsel at the time and said Congress would...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.