AMLO Wiggle Room At a meeting yesterday with USDA Secretary Tom Vilsack, Mexican President Andrés Manuel López Obrador (AMLO) conceded that his announced ban on GM corn in 2024 would not have to apply to yellow corn for animal feed. Secretary Vilsack warned the Mexican leader there would be a legal challenge under USMCA and that “we must find a way forward soon.” AMLO offered to engage in a discussion on the safety of biotech products. The meeting did not resolve matters to the satisfaction of U.S. corn producers. First, a discussion about the safety of GMO’s concedes that there might be a safety issue. It is the equivalent of Ukraine agreeing to discuss Moscow’s claims on the Donbas region. Second, a...
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.