As we reported last week, farmers’ cost of production has been at record levels six consecutive years; that is a good context for the EPA’s latest Vulnerable Species Pilot (VSP) program which is likely to add production costs and reduce crop production, despite EPA’s promise to drop some of the most restrictive requirements. Under the Endangered Species Act (ESA), EPA is required to consider the impact on endangered species of pesticide registration. Over the years, EPA’s pesticide registration and re-registration has been subject to several lawsuits. In fact, the agency is now subject to 18 court ordered deadlines to complete reviews over the next six years. That includes a case, originally filed in 2011 by 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.
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...
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...