Politics The Danger of Hot Rhetoric and Conspiracy Theories With President Trump and Secretary of State Mike Pompeo continuing to place blame on China for the novel coronavirus, the Phase One trade deal could be put in jeopardy. Secretary Pompeo’s recent television appearances where he has continued to insist the U.S. intelligence community has evidence that the novel coronavirus pandemic began as result of a well-known Wuhan infectious disease laboratory’s problematic risk management controls has been met with pushback from allies and infectious disease experts. For its part, China’s leadership and general public view this as another instance of cultural disrespect and a belittling of Asian people. President Xi Jinping...
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...
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...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...