U.S. Trade Strategy in Africa U.S. Secretary of State Antony Blinken announced a new Sub Saharan Africa strategy that focused on governance, security, rebounding from COVID and climate change, but not trade. An FTA with Kenya has been stalled, and South Africa is asking for elimination of Section 232 tariffs on its steel and aluminum. Meanwhile, the Indo-Pacific Economic Framework, which also ignores enticements such as increased trade, is failing to attract more countries. The Administration’s “soft” policy approach is occurring at the same time countries may be growing cool to it. The Nikkei reports that Japan has lost interest in the themes of Environment, Social and Governance (ESG), and Sustainable Development Goals...
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...