As all appeals regarding the WTO ruling against its country-of-origin labeling (COOL) law have been exhausted, the U.S. filed a brief disputing the level of the retaliatory tariffs claimed by Canada and Mexico with a request that a WTO arbitrator reject the proposed amounts. COOL Retaliation Delayed by Appeal The U.S. has appealed the retaliatory tariffs proposed by Canada and Mexico under the WTO's decision against its country-of-origin-labeling (COOL) law. The WTO Appellate Body ruled in May that the mandatory law and regulations violate U.S. international trade obligations and illegally discriminate against imported livestock from both countries. While Canada is seeking $2.41 billion and Mexico is claiming $713 million in 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: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...