World Perspectives

China Woefully Short

According to an analysis by Bloomberg, China is far behind in making the product purchases from the U.S. that it promised in the Phase One agreement demanded by former President Donald Trump. As of the end of February 2021, China has purchased only a third of the $375 billion in goods that it committed to buying by the end of 2021. Despite buying U.S. corn and soybeans to the point of low stock levels, China has nearly 60 percent of the value of agricultural purchases still to be made in the last 10 months of a two-year period.  The question is, what are the implications for noncompliance? The agreement is an oddity in American trade policy. The 1973 agreement with the Soviet Union for grain purchases was designed to protect against e...

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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.

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