Europe Farm Policy A study by Chatham House, a subsidiary of the Royal Institute of International Affairs in London, calls for a post-Brexit, market-oriented farm policy in the UK. Titled “The Implications of Brexit for UK, EU and Global Agricultural Reform in the Next Decade,” it lays out four scenarios: 1) the protectionist model, 2) the decoupled subsidy, 3) the income insurance method, and 4) the market-oriented model. The authors argue that the latter offers the best opportunity for the future of British agriculture. Meanwhile, Eastern European countries have come to view ethanol in the same way that Iowa does. The four countries of the Visegrád Group oppose the proposal by Brussels to reduce the EU’s bioetha...
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.