World Perspectives

‘Dirty 15’; Ukraine’s Ag Exports; WTO and National Security

‘Dirty 15’ Treasury Secretary Scott Bessent said that the Trump Administration may provide one unique number as the newly applied general tariff on each country supplying goods to the U.S. The few countries that have a trade deficit with the U.S. may escape receiving a number but for some countries the tariff could be quite large. For example, he mentioned a so-called ‘Dirty 15’ countries that impose high tariffs on American goods. The specific countries in the Dirty 15 were not identified.  Many of those countries applying a high duty are small and often African countries (e.g. Bermuda, Republic of Congo, Chad) that offer little opportunity for American exports. Some countries are very important trading partner...

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Market Commentary: Energy Pulls Futures Higher, For Now

Tomorrow is Nowruz (spring equinox), the Persian New Year, but there will likely be no break from the war. There continued to be upward price pressure on grains and oilseeds, chasing the spike in fossil fuel prices. There may be ample fertilizer for Northern Hemisphere crops nearing planting ti...

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45Z: The Next Big Thing or the Next Big Mess?

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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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