FAS Agricultural Counselor Allan Mustard (nominated to be U.S. Ambassador to Turkmenistan) has issued a report exposing how New Delhi is substantially subsidizing Indian agriculture, but failing to report it to the WTO as required. Selective Approvals EU environment ministers are likely to vote tomorrow in favor of a plan allowing individual member states to decide for themselves whether to allow the planting of biotech crops otherwise approved by the European Food Safety Authority and the Commission. U.S. officials are already upset that the delayed approval process in Europe has cost American farmers substantial sales losses. Dispute settlement on whether the policy is WTO-compliant would be uncertain, particularly given Geneva's recen...
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 Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...