General Comments Most financial and commodity markets enthusiastically greeted the Congress's passage of a last minute fix that avoids (at least for now) the scheduled double whammy of tax increases and government spending cuts. We will not repeat the details here since they have been covered ad nauseum by the media. Suffice it to say that the agreement postpones the hard decisions about tax policy, spending, entitlements and the budget deficit. In fact, the agreement will actually increase the deficit in FY 2013. The next round probably will occur when the Obama Administration is forced to seek more borrowing authority in a few months.The enthusiasm over the agreement was probably more a sigh of relief than anything else. Nevertheless,...
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.