As net agricultural exporting countries have worked to improve their access to foreign markets, the less competitive nations have increased their efforts to reverse the trend. Trade Creating Competitors As net agricultural exporting countries have worked to improve their access to foreign markets, the less competitive nations have increased their efforts to reverse the trend. China is urging its producers and agribusinesses to collaborate, merge and grow bigger. Like Brazil, it envisions controlling major international grain companies by 2020. By contrast, Japan’s goal is to copy the EU and instead dominate in high value/value-added food products. The question is whether Washington allows its once dominant farmers and agribusinesses to lo...
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: 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...