Inclusive Trade Diversity, Equity, and Inclusion (DEI) is framework embraced by the Democratic Party in the U.S. to remedy past discrimination, particularly against “historically” underrepresented classes of people. The Biden Administration decided to throw the inclusion concept into its so-called San Francisco Principles as a basis of trade policy. History when it comes to trade policy implies nondiscrimination as the goal, be it MFN, liberalization of border measures, or one country-one vote. China objected to the language of the IPEF’s Fair Economy section because it is specific about transparency, fighting corruption and enforcing labor rights, ideals it finds challenging. Beijing had no complaints about inclusiveness...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.