As we reported on 12 February, the House Agriculture Committee passed its portion of the budget reconciliation bill to conform with the FY 2022 budget resolution. The measure passed on a party line vote of 24 to 23, and all amendments – save one – failed on a party line vote. That amendment, to provide targeted disaster relief to the derecho wind storm damage in Iowa was stripped from the final bill which passed the full House by a vote of 219–212 this weekend. Specifically, that amendment allowed 2020 disaster relief to be included in the $4 billion pool of funds at the Secretary’s discretion and it passed by one vote with Representative Cindy Axne (D-Iowa) joining a party line Republican vote. One other change to...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.