At President Biden’s invitation, the four bipartisan leaders of the House and Senate agriculture committees met with the President at the White House last week. USDA Secretary Vilsack sat in on the meeting as well. According to read-outs from the Congressional participants, few specifics were discussed, but the talks did focus on the farm bill’s timeline and keeping it on track. As the budget situation develops in Congress, parties are expected to meet again to discuss progress being made on a baseline draft farm bill. In recent Congressional hearings, however, farm and commodity groups have laid out their priorities – all unified around crop insurance and Title I support programs – with specific requests. Th...
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.