This is a busy week for the agricultural policy world. The administration is engaged in trade negotiations with China as well as NAFTA partners Mexico and Canada, and the House is dealing with both the farm bill and the FY 2019 appropriations bill. Chinese Vice Premier Liu He is in Washington, DC with a delegation of trade negotiators this week. While the trade talks are much broader than agriculture, U.S. farm exports to China are a big component of the discussion. Those exports were valued at about $19.6 billion in 2017, and the administration believes they can grow to $50 billion. Currently, China’s $10 billion in soybean purchases represent more than one-half of the total value of exports for that commodity. All other commodity...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.