Plurilateral for NTBs Australia has launched an effort to address the nontariff trade barriers (NTBs) its exporters face. The Aussie beef industry says NTBs cost it A$3.4 billion per year and the nation’s grain growers curated a list of 54 such barriers across 15 markets. But there is no reason for Australia to go it alone with its plan. As it is, the U.S. government is unwilling to expend resources on foreign trade barriers if the cost of litigation is significantly higher than the economic benefit to be gained. This leaves many pesky and collectively burdensome barriers free to obstruct and hinder trade. Other agricultural exporting nations face the same barriers and there would be both greater political leverage and economies of s...
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.
What You Need to Know Today: Funds remain in control of the market, which means broadly bearish trade for the ag sector. Monday’s massive corn export sale to Mexico helped trigger some short covering and a bit of other end-user buying in corn, which could help stabilize the market. Wheat...
With less than 24 hours until Election Day, control of the Senate remains a wild card. Republicans and Democrats alike say they are poised to win control of the chamber in the new Congress that starts in January 2027. The House of Representatives is more of a lost cause for continued Republican...
Key Takeaways: U.S. hog and pork prices have declined sharply, with December lean hog futures ending October at $58.875/cwt and the pork cutout reaching its lowest level since January 2021. Seasonal increases in hog slaughter and pork production have contributed to price weakness, although the...