World Perspectives

MFN Hurdle; Sovereign Losers; Trade Policy Movement

MFN Hurdle German Agriculture Minister Julia Klöckner is urging the European Commission to ensure that third countries with a trade agreement with Europe have the same sustainability standards. Basically, imports must be held to the same standards as internal EU production methods. The problem is that even production standards between different member states can differ. This dynamic is not limited to agriculture since Europe’s COVID vaccination policy is said to differ from that of the U.S. because of more highly varied approaches within the EU. Ultimately, import policies must prove to be consistent with the fair and equal treatment requirement of the WTO’s Most Favored Nation clause.  Sovereign Losers While many g...

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WPI Crop Progress and Conditions App (Updated 25 November)

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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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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