With all the talk about new taxes and their potential role in deficit reduction, Senator Bruce Vitter (R-Louisiana) and Representative Mike Pompeo (R-Kansas) are making a preemptive strike on one area of taxation that gained some attention a few years ago: the carbon tax. The carbon tax was the concept behind cap and trade that gained some support from conservatives because it offset other taxes.For example, former Representative Bob Inglis (R-South Carolina) now runs George Mason University's Energy and Enterprise Initiative, a well-known conservative research operation, and is proposing to "lift taxes off of income and onto pollution." Greg Mankiw and Glenn Hubbard, two former chairmen of the Council of Economic Advisors under President...
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...
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...
Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...
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.