Trade Policy Developments The Biden Administration is making several adjustments to its major trade policy initiatives. First, while hosting a meeting last week of the Americas’ Partnership for Economic Prosperity, President Biden was forced to expand the agenda to include trade and move the initiative along. Otherwise, several countries were threatening to abandon their participation. The initial focus will be on clean energy, medical supplies, and semiconductors but it is trade that Latin American countries are focused upon. African leaders were unsatisfied with last week’s meeting on the African Growth and Opportunity Act. They want a 10-year extension and improved access to the U.S. market. USTR Tai emphasized the need to...
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...