President Trump said yesterday that the U.S. is nearing several new trade deals and that letters will be sent to trading partners by 9 July warning of increased tariffs set to take effect on 1 August. That announcement effectively extends the administration’s trade deadline from this week to 1 August, giving more time to finalize agreements. Meanwhile, the One Big Beautiful Bill, aka the reconciliation package, passed the House of Representatives by a vote of 216 to 214 accomplishing many Trump objectives, including some from the farm bill. Those include cuts to SNAP and some rolling back of bioenergy tax credits. The Senate Appropriations Committee will be marking up the USDA and FDA appropriations bill on Thursday. The House Appropr...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.