World Perspectives

Appropriations Amendments Tie USDA’s Hands and Scrutinize Administration on Trade

The House ag appropriations bill includes many restrictions on USDA’s use of appropriated funding, and there are 70 amendments that provide more stipulations. Yesterday was the deadline for filing amendments with the Rules Committee, which will meet next Tuesday to decide on the ones that will be offered on the House floor. Several of them are of interest. One reduces funding for the USDA Office of the Inspector General (OIG) by $1 million and increases it by the same amount. The entirety of the amendment language is below: Page 113, line 13, after the dollar amount, insert ‘‘(reduced by $1,000,000) (increased by $1,000,000)’’ Meanwhile, an amendment proposed by Representative Maxine Waters (D-California) i...

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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.

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