The U.S. government is preparing its annual report to Congress on China's compliance with WTO obligations, and among the comments it is likely to receive from the public is concern over Chinese domestic agricultural support. Poor Responses by South Africa The U.S. poultry, pork and beef industries provided critical comments on South Africa's eligibility for nonreciprocal trade benefits under the African Growth and Opportunity Act (AGOA) as part of that country's required review in conjunction with AGOA's renewal this year. While Pretoria's representative pleaded that they are working on the complaints of unfair treatment by U.S. producers, officials at the Office of the U.S. Trade Representative might not have been impressed. South Africa...
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...