PRC GMO in USA Members of Congress on the House Select Committee on China are furious at USDA for moving forward with approval of a biotech soybean developed by China’s QiBiodesign. China has refused to approve for domestic planting GMO’s that have been develop by Western companies. After attempts to steal the Western technology, China state-owned ChemChina simply bought Swiss-based Syngenta and got the technology that way. The lawmakers sent a series of questions to USDA Secretary Vilsack covering a wide range of issues from the speed and process through which the Chinese product was approved, and the lack of reciprocity relative to a slew of trade issues including China’s failure to comply with the Phase One trade agree...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.