U.S. Commerce Secretary Wilbur Ross says that concessions agreed by the NAFTA partners during TPP negotiations can serve as a starting point for updating the trilateral pact, but some agriculture groups have a complaint.Derivatives: The EU promised stiffer regulation following the financial crisis, but now the Commission is proposing to relax the regulatory and cash requirements on the derivatives industry. The move would ease reporting requirements and extend certain exemptions. One rationale for the easing might be that the velocity of capital has slowed, which is a detriment to lending and growth.Trees and Milk: USDA Secretary Sonny Perdue excessively tied together the softwood lumber and ultrafiltered milk issues with Canada while talki...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
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.