Former DPJ Minister for Agriculture Masahiko Yamada is suing the Japanese government over its Trans-Pacific Partnership (TPP) negotiations, arguing it threatens not just the nation's farms but its food security as well. Rational versus Irrational Trade Debate Including currency manipulation in the list of measures subject to redress under U.S. import relief laws may be the price of achieving congressional passage of Trade Promotion Authority (TPA). It is not a very heavy price, given that it will only result in some fairly standardized WTO litigation in the future. The U.S. has lost dozens of past countervailing and antidumping duty cases in the WTO, some due to its own manipulations, such as defining a partially government-owned company...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.