Tough Time for WTO Robert Zoellick was U.S. Trade Representative (USTR) before he ran the World Bank and he knows a thing or two about politics and Washington. Those in Geneva should take notice when he warns that a Biden administration will not place much emphasis on fixing the WTO. It will be busy on policies important to its base, like racial inequality, the climate, and a domestic economy that will be restructuring due to COVID and what is likely to be policy whiplash. Given the political priorities of a new White House, Mr. Zoellick advises the hiring of a strong USTR to manage trade affairs. But the underlying message is clear – there are no electoral votes for fixing the WTO. Dem’s Rural Strategy Many Washington, DC ba...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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.