EPA Beats USDA Newly installed EPA Administrator Gina McCarthy said today, "We need to cut carbon pollution to grow jobs." In essence, the administration's argument is that regulations limiting pollution will boost the economy. Sort of the opposite of China's theory, but what do they know. She made the claim to the Harvard Law School, though she might have had a different reaction at the Department of Economics where someone might have mentioned the importance of opportunity costs or perhaps made reference to Frédéric Bastiat's broken window parable.However, in the White House 2013 Report to Congress on the "Benefits and Costs of Federal Regulations," none of the other illustrated agencies provided as much bang for the buck as EPA and...
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: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...