Who could have predicted the situation in which the U.S. ag sector now finds itself with Mexico and China?As the saying goes, “Don’t judge a book by its cover.” This apparently applies to the trade policy book for the Trump administration. What is emerging in its first few months is not what was anticipated based on the Trump campaign. Two key examples are Mexico and China. The two were major targets of Trump’s rhetoric and policy prescriptions during that period. He maligned Mexico for circumventing NAFTA and chastised China for being a currency manipulator, promising to renegotiate the former and crack down on the latter. Pundits, politicians, business leaders and other observers predicted trade wars with both countries would result.Howev...
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...
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.