Agriculture Key in Presidential Races Current Kenyan Trade Minister Betty Maina this week said her country’s goals ‘haven’t changed’ and still seeks a free trade agreement with the U.S. However, William Ruto was declared the winner in Kenya’s presidential race, and he has promised to increase investments in agriculture to wean the country off food imports. Ruto sold chickens and peanuts as a poor young person but since then he has been accused of aiding land grabs and he himself has acquired a chicken processing plant during his time in politics. He wants to spend $4.2 billion over five years boosting agricultural output and building up agribusiness. A similar battle is ongoing in Brazil where current P...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.