China, Japan and Canada Trade Developments – or Not During an interview at a U.S. Chamber of Commerce event in New York this week, U.S. Trade Representative (USTR) Robert Lighthizer said that since China joined the WTO 17 years ago, the bilateral trade relationsip has worked out for that country but not the U.S. Lighthizer was asked about the breakthrough in new beef access last year and said: That's a great example. So we got beef back into the market – if you believe the headlines from a year ago as a result of the 100-day plan. Now, what actually did we get back in? The last time I checked it was $64 million worth of beef in the course of a year. And how much beef is actually eligible? Less than 3 percent. And then you say...
What You Need to Know Today: Wheat futures pulled back sharply after Russian President Putin said there was a “chance” for peace and an agreement to end the war in Ukraine. There is plenty of skepticism about the opportunity for peace in Ukraine, but that didn’t stop wheat fr...
President Trump has opened the door to 100,000 MT of beef lean trimmings (limited to HTS codes 0201.30.5091, 0201.30.5097, 0202.30.5091, and 0202.30.5097) from countries listed under the “Other Countries” TRQ effective 1 September. These imports would not be subject to the over-quot...
Key Takeaways: CHS and OCP plan to invest up to $450 million in a Louisiana phosphate fertilizer facility capable of producing more than 1 MMT annually, marking the first new U.S. plant of its kind in more than 40 years. The facility could reduce U.S. dependence on imported finished phosphate...
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.