Squeaky Wheels Farmers in Europe have been on a rampage for months and it is good that EU political leaders are responding to the complaints. Squeaky wheels get the grease because they are high-pitched and shrill, but sometimes grease is not the cure and instead it requires a whole new set of ball-bearings. The package being considered involves four components. The first is to relax red tape and that includes reducing requirements under the Good Agricultural and Environmental Conditions (GAEC) required under the CAP. However, this poses problems for the second component, addressing farmer concerns about competitiveness versus third countries. Farmers say it is because foreign producers do not have the same requirements as Europe, but if GA...
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: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...