World Perspectives

Farm Bill: Next Stop is Conference Committee

The Senate passed the farm bill late last Thursday night by a vote of 86-11 with bipartisan support. In fact, more Democrats than Republicans voted for it. The bill included a number of amendments to the original draft that were adopted en bloc in both committee and on the floor. Among the provisions of interest to clients are the following: The Grassley amendment limits payments from crop programs to single individuals who are “actively engaged in farming.” It sets the standard at actual physical work and would disallow those owners who provide investment capital or other management contributions to the farming entity. The Heitkamp amendment allows the Market Access Program (MAP) to be used for Cuba. It was modified to d...

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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.

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