Farm Bill Larder: The Senate Agriculture Committee plans to markup a 2013 Farm Bill before the end of the month, and committee member Kirsten Gillibrand (D-New York) is likely to add several dubious dairy provisions. One of her complaints is that high feed costs are hurting the competitiveness of her state's dairy farmers — preventing them from being competitive with other states and preventing them from growing their businesses. Her solution is not subsidized feed costs, the purported cause of their troubles, but a proposed guarantee of $6.50/hundredweight margin above feed costs for farms with 200 or fewer cows. The so-called "Dairy Income Fairness Act" is a too-small-to-fail scheme that enables farmers to pay any price for feed, knowin...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.