Trade Policy Mixer China: President Donald Trump has reportedly ordered the Treasury Department to move forward with punitive duties on an additional $200 billion worth of imports from China. No one is expecting the trade war to end anytime soon. Iran: The EU is creating a “special purpose” financial company, which is intended to enable European companies to continue doing business with Iran even after the U.S. imposes heavier sanctions. However, the Trump administration says it will punish any countries purchasing oil from Iran after 5 November. This will open the door to additional transatlantic troubles. Brexit: When Brexit is complete, the UK will be looking for new trading partners, and the U.S. is a possibility except f...
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: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...