World Perspectives

Dicamba Ruling and Impact on 2024 Soybeans

As Gary Blumenthal reported in yesterday’s Market Commentary, a federal district court ruled that U.S. EPA erred when it approved dicamba.   The court ruled EPA made a procedural error in issuing 2020 dicamba registrations for over-the-top (OTT) use on dicamba-tolerant crops because it did not offer a public notice and comment period before issuing the registrations. Thus, the court said EPA was in violation of the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) and vacated 2020 registrations for the products XtendiMax, Enginia, and Tavium. Further in its ruling the Court noted that dicamba’s  … toxicity is not limited to weeds; it kills broadleaf plants, generally, including desirable plants...

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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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