Japan and TPP U.S. and Japanese officials meet tomorrow to discuss Tokyo's desire to join the TPP negotiations. Washington fully capitulated on the use of zeroing in safeguard cases to set the tone. The U.S. has more offensive issues, but there is room for compromise in the horse-trading. Tokyo wanting exemption from liberalization for its rice is understandable; however, Japanese ownership of a dominating industry like autos means it needs to let go on this sector. The fact that the U.S. reportedly seeks an import target indicates doubt that American cars can compete even if all the technical barriers come down.The precedent for agricultural exemptions includes rice in the Korea FTA and sugar in the Australia FTA. The core objective of...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
Key Takeaways: Brazil’s growing role in global agriculture is accompanied by a major vulnerability: the country imports approximately 88 percent of its fertilizer needs. High natural gas costs and development challenges have limited domestic nitrogen and potash production despite Brazil&...
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.