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...
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.
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...