Lip Ripper Lip Ripper is the name one callous fisherman gave to his boat and reflects somewhat the attitude of some developing countries. The WTO will launch negotiations on disciplines over fishery subsidies this fall but the parties at this juncture are very far apart. A large majority of developing countries want to apply special and differential treatment, allowing them greater use of subsidies and per capita fish catches on the basis that they are poor. Unfortunately, depleting species of fish don’t seem to care whether the slayer is from a rich or poor country, they are going to die either way from excess exploitation. If the intellectual argument for everyone needing to better manage fisheries cannot be won in the WTO, than it...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
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.