Attorney General Jeff Sessions released a memo in January (see Ag Perspectives, 5 January) rescinding the so-called Cole memo, issued by Obama administration Deputy Attorney General James Cole in 2013, and four other Obama-era directives dating back to 2009 that set guidelines of noninterference/non-enforcement federal law within states where marijuana and cannabis were legal. At the time, Sessions pointed out that it was part of the Trump administration’s approach to forcing Obama regulations to be handled legislatively. It may have worked to do just that since Senate Minority Leader Charles Schumer (D-New York) affirmed yesterday that he would be proposing legislation to decriminalize marijuana at the federal level. Legalizing mari...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.