232 Confusion WTO dispute settlement rulings are arcane, highly legalistic, but sometimes contradictory to the layman’s eye. The latest case is a ruling against Turkiye for its retaliation against U.S. Section 232 tariffs against steel and aluminum imports from the Turks. A year ago, a panel ruled against the U.S. on the matter, stating there was no war or other emergency in international relations to justify the protection. China has four lists of goods, many agricultural, that confront retaliatory duties as retaliation for the American Section 232 duties. How does the ruling impact China, or for that matter the EU which has temporarily suspended retaliatory duties as the transatlantic partners seek a solution for global steel dumpi...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
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.