The OECD reported that Q2 2022 global merchandise trade “slowed markedly” with exports and imports up 2.1 percent and 2.6 percent, respectiveyl. That is roughly half their levels in Q1 2022. World trade in services also slowed with exports at 1.1 percent growth and imports at 2.2 percent. By contrast, in value terms U.S. agricultural exports were up 13.9 percent during October-June and U.S. agricultural imports were up 19.8 percent. Understandably, U.S. agriculture derived energy product exports biodiesel and ethanol were up the sharpest levels. Meanwhile, U.S. imports of wheat from Canada was up 60 percent from $247 million to $396 million. ...
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.