Band-Aids Promoted Countries continue to meet in Geneva in an effort to find agreement on the food security proposal from the G33 developing countries. The goal is to adopt something at the ministerial meeting in Bali in December. The G33 wants additional policy flexibility (read protectionism) in order to manage their centralized food subsidy programs. The end game is some kind of compromise over policy space (e.g. ability to veer from current trade disciplines), and safeguards or constraint mechanisms to reduce the accompanying market distortions. However, the whole discussion involves salving the symptoms rather than curing the underlying disease prevalent in most of the G33 countries – poor governance and too many constraints on th...
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.
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...