U.S. Treasury Secretary Janet Yellen sent a stark warning to China this week. She basically threatened China economically if it continued to tacitly support Russia. Unless Beijing uses its “special relationship” with Russia to help end the war, she said “it will be increasingly difficult to separate economic issues from broader considerations of national interest, including national security.” To emphasize, she said the world’s “willingness to embrace [China’s] further economic integration may well be affected by China’s reaction to our call for resolute action on Russia.” The previous threat was action against China if it helps Russia evade sanctions but this forewarning requires Beijin...
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...