In terms of agriculture, the estate tax is one of the bigger concerns in the potpourri of issues that make up the impending fiscal cliff. If left unaddressed, the estate tax will revert to pre-2001 levels.The estate tax was modified in 2001 through the Economic Growth and Taxpayer Relief Reconciliation Act, which reduced federal estate and gift tax rates. The legislation substantially increased the amount of property that can be transferred to the next generation free of the federal estate tax, culminating in the tax's complete repeal in 2010 (persons dying in 2010 would have owed no estate tax under the 2001 Act). However, the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, one of the high-profile tax e...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.