China Plays Offense We discussed on Friday the worsening outlook for U.S. – China relations and today Beijing one-upped the Trump Administration. President Trump had been mulling whether to cancel the Phase One trade agreement and Beijing responded that he doesn’t have to if they do it for him. By taking the initiative themselves, they can frame Mr. Trump as impossible to work with and hope that by taking a side in the upcoming U.S. election, they can get a leader in Washington that is easier and less mercurial with which to negotiate. Agricultural markets will sink tremendously regardless of which side does the cancelling. The Trump Administration would likely retaliate with higher tariffs on Chinese goods but that also risks...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.