World Social Organization Speaking before the Bretton Woods Committee last week, WTO Director-General Ngozi Okonjo-Iweala reportedly identified the top priorities for the organization she leads is addressing global problems including food security, climate change, and the digital economy. Its as if the word trade was lifted right out of the organization she leads. That is because trade policy has been badly bruised in recent years, and she is using tangential issues to try and give it more gravitas. A core problem is that China operates ambiguously under WTO rules, a fact reinforced by Donald Trump’s effort to blow up the whole global trading system. Then countries used COVID and the Russian invasion of Ukraine to further violate old...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.