Danger of Corn Dispute Delay At the late March hearing before the Finance Committee, Senator Chuck Grassley (R-Iowa) pressed USTR Katherine Tai not to delay taking formal action against Mexico for its proposed ban on GMO corn imports. She made no specific commitment and now the earliest date for filing a formal dispute settlement case under the USMCA has come and passed. The agency says it has no imminent plans to file a case. Academics at Ohio State University issued a report declaring confidence the U.S. would win the case should it proceed, but the formal process takes around eight and a half months to complete. This means that any final resolution would occur long after seed companies would need to be switching their production plans t...
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.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...