Unlike the U.S., Australia inked a direct bilateral deal with Japan in 2014, the Japan-Australia Economic Partnership Agreement (JAEPA), which took effect in 2015. This puts Australia in a more competitive position than the U.S. in terms of accessing the Japanese market. However, there is a potential equalizer. Japan-Australia Trade Agreement Threatens U.S. Beef in Japan As stated here previously, the primary opportunity for the U.S. in the Trans-Pacific Partnership (TPP) is Japan. The TPP involves 12 trading partners, including the U.S., from the Americas, Asia and Oceana. Moreover, all four of the non-U.S. partner countries from the Americas already have free trade agreements with the United States. Additionally, one of the two Oceana c...
What You Need to Know Today: Agricultural commodities were mostly lower on the day, with red-hot soyoil a notable exception. Export sales were a bit underwhelming, particularly for corn with export sales down 52 percent week-over-week. The weakness in ag markets tracked crude oil weakness wit...
With the war in Iran affecting fuel and fertilizer prices, higher tariffs, weak commodity prices, ag labor constraints, and other factors, farm bankruptcies are now at a 6-year high, a signal of growing stress. During the month of April, 62 Chapter 12 bankruptcies were filed, which is a 1...
Food Inflation The Open Markets Institute, which is notably funded by several “anonymous” donors and liberal foundations, obtained a guest editorial in the New York Times in which they blame agribusiness concentration for higher grocery prices. This is their schtick and it is politi...
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.