World Perspectives

WTO Bad/Good/Indifferent; EU Food Fun

WTO Bad/Good/Indifferent Bad: The U.S. Congressional Research Service has concluded that trade war payments and COVID relief payments to farmers have likely exceeded WTO limits on such cash transfers. U.S. officials retort that that they are legal. However, the real problem is that the U.S. has not been notifying Geneva of its cash transfers to farmers for the past couple of years. Since the U.S. has made a big issue about other WTO members failing to meet their notification obligations, this is at least hypocritical. If the payments are legal, why not report them? Good: The U.S. correctly complained in Geneva this week that the WTO has spent money on an effort to track members’ compliance with United Nations’ adopted sustaina...

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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.

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