Bootstrap Economic Policy Ghanaian President Nana Akufo-Addo surprisingly told French President Emmanuel Macron that his country does not want development aid from Europe, arguing that it has not worked. He aspires to build his nation’s economic success by switching to value-added agriculture and working with the private sector to get factories built. Macron told Ghanaians that France would not pay reparations for its colonialist past. Trade Balance Protectionism U.S. President Donald Trump has been roundly criticized, including in Europe, for focusing on the U.S. trade deficit in arguing for new trade policies. Now Euractiv reports that eight EU member states are asking the Commission to trigger the Safeguard Clause against rice i...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.