The global biodiesel market is a like a big balloon – if pressure is put on one part (policy changes), there’s a bulge in another. In 2013, the EU placed antidumping duties on biodiesel imports from Argentina and Indonesia at rates of 22-25.7 percent and 8.8-20.5 percent, respectively. Then in March of this year, the National Biodiesel Board (NBB) Fair Trade Coalition petitioned the Department of Commerce and the U.S. International Trade Commission (USITC) to remedy Argentina’s export tax on feedstock (soyoil) as well as Indonesia’s direct grants and export taxes on the same (palm oil) to biodiesel producers. The U.S. case cited the EU example, and the coalition stated in a press release, “This is not the first...
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: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...