World Perspectives

Fiscal Policy and the Federal Budget

With one day left before the 2020 election, one issue hasn’t received any attention, but it may be the biggest challenge facing policy makers starting in 2021: fiscal policy and the federal budget. We are now one month into the new FY 2021, and don’t have a spending bill for the rest of the year (that expired in December and will have to be finalized in a lame duck session of Congress).   We don’t have that fourth leg of the COVID relief support program finished either. That will either be taken up in the lame duck session, with election maneuvering cooled, or, based on the election outcome and control of the Senate, will be pushed until early 2021. But as the economy comes off its huge 33 percent rebound in GD...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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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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