World Perspectives

Japan Approves New Safeguard Triggers on U.S. Beef

Last week the Upper House of Japan’s Diet approved a new beef safeguard protocol which amends the U.S.-Japan Trade Agreement (USJTA). That is the final step of approval needed for the agreement and the two countries are finalizing the implementation procedures. The protocol was negotiated earlier this year and signed by the Office of the U.S. Trade Representative and the Japanese Embassy in Washington in June (see WPI 3 June).   Japan is a key market for U.S. beef, in terms of both volume and value cuts, though inflation and consumer purchasing power has been a headwind for U.S. exports. From January through September, beef exports to Japan are down 4 percent from the same period in 2021, but value has increased 8 percent.&...

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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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