Some recent legislative developments on Capitol Hill are a good sign that the farm bill is still in the process of being baked; lawmakers are introducing and moving on various “placeholder” proposals to position them for the farm bill debate. First, California Proposition 12. As Gary Blumenthal mentioned today, there is a bill in the Senate to block Prop 12. Senator Roger Marshall (R-Kansas) introduced the measure which would address California’s Proposition 12 – upheld by the Supreme Court on 11 May – and Massachusetts’ Question 3, with a two-pronged approach. First, it would prohibit regulations like Prop 12 and Question 3 by prohibiting states from “imposing a standard or condition of the prehar...
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.