World Perspectives

Phase One Status; Small Beer

Phase One Status China’s Foreign Ministry yesterday said it remains committed to the Phase One trade deal it reached with the U.S. but warned it will respond to “bullying” from Washington. The International Food Policy Research Institute (IFPRI) calculates that China has purchased $9 billion worth of U.S. food, agricultural, and seafood products during the first half of 2020 and needs to buy $27 billion more in products during the second half of the "phase one" target year. WPI asked readers’ opinions on the prospects of China fulfilling its obligations and the outcome was split right down the middle (see graph below); 47 percent thought China would buy most or all of what it promised, and 47 percent said it would p...

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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.

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