Anti-WTO is Bipartisan Republican U.S. Senator Josh Hawley (R-Missouri) introduced a resolution last week to pull the U.S. out of the WTO and now two Democrats, Peter DeFazio (Oregon) and Frank Pallone Jr. (New Jersey) have introduced a similar measure in the House. The Hawley measure was deemed helpful to Donald Trump since it reinforces his effort to reform the WTO. DeFazio and Pallone have no intent to help the President but reflect strong misgivings by a small number of politicians as to the impact of the institution. They say the WTO has been a “disaster” for the U.S. due to lost jobs, large trade deficits and pillaging by China. The initiative is unlikely to succeed but it does indicate that adverse sentiment toward the g...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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.