Food regulators are trying to keep pace with market changes in the context of public ignorance and political opposition. Argentina – Dead Ahead In an interview on future Argentine agricultural policy, Minister Carlos Casamiquela reflected on the populist leaning of his government. It likely makes sense to place less significance on soybeans and more on corn and wheat with the goal of exporting value-added products such as meat to China. However, the goal of competitiveness has to be squeezed into an emphasis on social policy of inclusion and equity. The effort to achieve equity by constricting the profit of the nation's most efficient producers is why the current government has so many opponents in the productive ag sector. Moreover, it i...
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: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...