Trucks and GMO’s The Mexican government’s decision to ban glyphosate and eventually imports of genetically modified corn in 2024 is being met with resistance by the country’s main farm lobby. It may also soon be met by resistance from the U.S. government. The USMCA was specifically edited to prevent this kind of populist but unscientific action against GMO’s and trade. The Agreement requires the use of scientific principles and science-based decision making with the obligation to limit risk management actions to those least adversely impactful on trade. It is the equivalent of Washington blocking Mexican truck drivers from carrying cargoes into the U.S. – it is not based on safety but the protection of America...
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: 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...