Biden Trade Policy Some of Washington’s top trade policy wonks opined last week on what they think should be the policy approach of President-Elect Joe Biden. Chad Bown of the Peterson Institute for International Economics yearns for trade policy to return to low visibility. He conceded that in the past, the adjustment costs to free trade were largely ignored, whereas under Trump that erroneously became the sole focus. Dartmouth University economist Doug Irwin characterized Trump trade policy as instinct and reactions that lacked an underlying and thoughtful strategy. He argues for a constructive approach that aligns objectives with the proper policy instruments. Claude Barfield of the American Enterprise Institute notes the c...
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.