Transatlantic Not Dead President Trump avowed to help Maine’s lobster fishermen who confront high tariffs in China and Europe, in part due to his own trade war efforts. He threatened tariffs on Europe auto exports, and he offered financial assistance to the lobstermen, in addition to expanding their fishing area. But in the end, it was standard quid pro quo trade negotiations that will lift the EU’s barrier to American lobster. To help the lobstermen, the U.S. will have to lift its duties on European products like prepared meals, crystal glassware, surface preparations, propellant powers, cigarette lighters and lighter parts. Surprisingly not on the list is Spanish olives, which had to be high on Brussels’ ask list. ...
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.