Preliminary Duties Set on Argentine and Indonesian Biodiesel On Monday the Commerce Department announced preliminary antidumping duties on biodiesel imports from Argentina and Indonesia of 54.36-70.05 percent and 50.71 percent, respectively. The duties effectively stop those imports from both countries. The final rates will be announced in early January 2018. In response, the government of Indonesia announced that it would contest the antidumping duties at the WTO. The country’s biodiesel exports were worth $268 million in 2016. Meanwhile, the Argentine government has indicated it is willing to establish a minimum price for its biodiesel exports to avoid imposition of the duties and is in discussions with the Commerce Department reg...
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...