Washington goes paranoid over import dependence on microchips and EV’s, but not food despite a recent trade deficit in grub. Nations that have experienced starvation in the past, such as those in Europe and China tend to focus on food self-sufficiency. Until recently, the mantra from Beijing was for farmers to plant crops from the mountaintops to the beaches, and especially soybeans. Providing insights on China’s murky machinations, Dim Sums points out that food security and import substitution were the focus just a few weeks ago but now the message is to relax about food imports. Especially since the data shows that China is mostly self-sufficient in food. Middle Kingdom food imports rose 7.4 percent in 2022 despite the...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e. lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the ma...
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.