Questions for Ms. Tai It is not clear yet whether the Republicans will win the U.S. House but if they do, there is likely to be greater inspection of the Biden Administration’s policies and ambitions. U.S. agriculture is greatly dependent on trade and frustrated with the current low ambition of the White House on expanding opportunities in foreign markets. Behind closed doors, the industry’s government relations representatives expect little to happen because trade unions are opposed to free trade agreements and they are a key constituency. If Republicans win the House (and/or the Senate), holding a hearing on trade policy should be a key U.S. agriculture objective. And some questions that they should want asked include the fol...
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: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...