Since trade in agriculture and medicine was authorized in 2000, U.S. ag exports to Cuba grew to a high point of $685 million in 2008 before dropping steadily since. A top administration initiative for this week’s presidential visit there is a Memorandum of Understanding (MOU) on sharing ag technology.President Obama is in Cuba this week, the first president to visit that country since Calvin Coolidge in 1928. While he’s there, he’ll take in an exhibition baseball game between Major League Baseball’s (MLB’s)Tampa Bay Rays and the Cuban national team. This is only the second time since 1959 a U.S. professional team has played there. This game and other such exchanges are part of the president’s plan to normalize relations with Cuba. Like ag,...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.