Defining Worker-Led Trade Policy A session at the Washington International Trade Association today tried to unravel the meaning of the Biden Administration’s so-called worker-led trade policy. Most of the discussion centered on high level economic theory and the mischaracterization of trade by Washington politicians. The representative for workers implied special interests were too influential in trade policymaking but offered no specific solutions. One area where right and left appeared to have some agreement was on the Administration’s Build Back America approach. Instead of focusing on winners and losers and trying to beat China, it was asserted the better approach is to construct the infrastructure and human capacity to suc...
What You Need to Know Today: The G7 agreed to release 100 million barrels of crude oil and fuel reserves over four months, with a substantial diesel release front-loaded into the first 20 days. The announcement initially pushed crude oil lower on Friday, although it later recovered a portion o...
In a recent social media post, R-CALF unveiled its latest cattle market plan: “contracts that bind producers before establishing a base price, then tie that price to future negotiated cash transactions, should be prohibited.” That proposal aligns with recent legislation by Represent...
Key Takeaways: The recent pearl-clutching from parts of the beef industry regarding the loss of the daily Kansas fed cattle negotiated trade pricing report is overwrought and ignores the fact that the direction was readily apparent. The shift away from negotiated trade has been well docu...
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.