Trade War Chapters Three and Four President Trump’s “easy to win” trade war is heating up, and U.S. farm groups are beginning to push back against it. This week the Trump administration announced that it would apply 25 percent tariffs on $50 billion worth of “industrially significant technology” products from China. There is an initial list of products to face punitive tariffs, a second group under review and the possibility of more restrictions on Chinese investment in the U.S. China says it will counter the measures, and the EU’s leadership has been given the go-ahead to retaliate against $3.3 billion worth of U.S. goods as a result of the steel and aluminum tariffs they now face in the U.S. market. T...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.