World Perspectives

Navigating Political Waters by the Grassroots

The Environmental Protection Administration (EPA) has been trying to remove the word "navigable" from the language of the Clean Water Act (CWA) as it refers to waters of the United States. Indeed, the proposal — issued in April 2011 — is waiting for final clearance at the Office of Management and Budget to do just that.The CWA, enacted in 1972, limits federal jurisdiction to "navigable" waters of the United States. The U.S. Supreme Court, in 2001 and 2007, reaffirmed the limit to navigable waters. However, through regulations, guidance and other means the EPA is seeking to expand its authority beyond the limits approved by Congress.In 2001, in Solid Waste Agency of Northern Cook County v. United States Army Corps of Engineers, the Supreme...

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Summary of Futures

Dec 25 Corn closed at $4.24/bushel, up $0.0025 from yesterday's close.  Dec 25 Wheat closed at $5.225/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.255/bushel, down $0.12 from yesterday's close.  Dec 25 Soymeal closed at $284/short ton, down $0.7 fro...

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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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