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Rice not Nice

India’s rice subsidies were again a complaint today at a hearing before the Senate Agriculture Committee. India’s rice exports have increased by a fifth over the past decade with all of it being moved into the export market. New Delhi’s rice subsidies have been part of a long-running complaint India has involved the “Peace Clause” first erected at the Bali Ministerial and claims the subsidies are necessary for food security. However, complainants say the rice is not going into public stockholding for food security but has been exported and below market price levels. India controls half the global rice trade and it is estimated that more than 80 percent of the price is subsidized. Meanwhile, Indian Prime Minist...

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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.

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