President-Elect Joe Biden has not yet named his nominee to become U.S. Trade Representative (USTR) but there are plenty of breadcrumbs that suggest the person will be: 1) conventional; and 2) likely a former Obama Administration official. That has been the pattern for his other economic policy selections like Janet Yellen at Treasury and possibly Brian Deese in the White House. The transition advisory team for USTR is headed by Jason Miller, a former economic advisor in the Obama/Biden White House. Other corporate or free trade-leaning members of that team outnumber the organized labor/trade skeptics involved. Some of the names mentioned for the position include former WTO judge and now Georgetown University law professor Jennifer Hillman,...
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: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
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...