Today’s news was dominated by trade matters that potentially could be important for grain and soy markets. President Trump declared that beginning tomorrow (Friday), he would impose tariffs on steel (25 percent) and aluminum (10 percent) imports from Mexico, Canada and the EU that were earlier postponed to facilitate trade negotiations. Those three countries immediately announced that they would retaliate with tariffs on goods imported from the U.S., including a number of agricultural products. Meanwhile, U.S. Commerce Secretary Ross is to meet with Chinese officials in Beijing this weekend, reportedly to discuss details of their agreement to increase imports of U.S. goods by possibly as much as $100 billion. Supposedly, China would...
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...
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.