We previously reported on the Congressional Budget Office's (CBO) baseline budget projections (see WPI 3 February 2012), noting that the CBO report projects both revenue and spending to increase: spending by 53 percent and revenues by 125 percent.Additionally, with regard to agriculture, CBO indicates that mandatory spending for agricultural support was $15 billion in 2011. If current farm programs remain in place after the 2008 Farm Bill expires this year, this amount is projected to average $16 billion each year between FY 2012-2022.Today we take a closer look at the assumptions in the baseline.CBO estimates outlays from the Commodity Credit Corporation (CCC) to be $9.4 billion in 2013 and approximately $94 billion from 2013-2022, with...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
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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.