Today is D-Day for the imposition of tariffs, and the U.S. implemented them on $34 billion worth of goods from China. That country then quickly followed suit. There has been enough talk about this impending trade war, and everyone in the world is probably tired of chatting and reading about it. Let it happen so that we get back to the business at hand: sorting out who is doing what to whom and reorganizing trade flows as needed. U.S. soybeans are reportedly $60-70/MT cheaper than those from Brazil landed in China. While that hasn’t offset the 25 percent tariff yet, the spread has certainly been headed in the right direction. Perhaps more importantly, it should also mean U.S. soybeans are that much less than Brazilian origin to every...
What You Need to Know Today: President Trump suspended the planned attacks on Iran and announced that the pieces for a framework for peace were in place in a weekend social media post. Iran, however, later said no efforts were underway to conduct negotiations with the U.S., though Oman indicat...
Key Takeaways: E15 expansion would support corn and ethanol demand by increasing domestic biofuel consumption and reducing reliance on petroleum-based fuels. Year-round E15 has gained bipartisan momentum, but the policy remains in legislative limbo as lawmakers continue to negotiate provisions...
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.