A WTO dispute settlement panel ruled yesterday on the complaint filed by Argentina in December 2013 regarding the EU antidumping tariffs implemented against imports of its biodiesel. WTO Panel Decision on EU Biodiesel Duty A WTO dispute settlement panel ruled yesterday on the complaint filed by Argentina in December 2013 regarding the EU antidumping tariffs implemented against imports of its biodiesel. The decision was largely in favor of Argentina and indicated that the duties applied were too high because the EU used incorrect price data. In determining the amounts owed, the EU used soybean prices that would have been in effect had Argentina not imposed export taxes on soybeans and soyoil instead of the price data submitted by Arg...
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.