World Perspectives

USDA Trade Estimates Report Comes Under Scrutiny

USDA’s delay of its quarterly agricultural trade report, and exclusion of its typical explanatory text, raised concerns because the moves raised questions about the objectivity of the data. The bottom line is that the trade is uneasy about USDA statistics now. USDA data is considered a gold standard, used by much of the world, and any loss of trust in USDA’s veracity is potentially devastating.       A USDA spokesperson said the report was delayed by an internal review and was hung up in an internal clearance process and was not finalized in time for its typical deadline. Given this report is not statutory, as many other reports USDA does are, USDA is undergoing a review of all non-statutory reports, includin...

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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.

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