Europe’s new Farm to Fork strategy includes ambitious targets to reduce fertilizer and pesticide use, which should yield some skepticism. The goal is to slash fertilizer use by 20 percent and cut the amount of pesticides and antibiotics in use by 50 percent – all by 2030. There is also the target of tripling the amount of land in organic production to 25 percent of area. Officials clarify this is a “vision,” which means it is unlikely to be achieved. Fertilizer use has already declined by 30 percent from its peak in 1985 but the application of potash and phosphate is forecast by the industry to increase. Most fertilizer is used for cereal and oilseed crops, so competitor producers in the Americas will be cheer...
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.
A federal appeals court paused a USITC ruling against President Trump’s use of Section 122 to impose 10-percent global tariffs. A bipartisan group of 80 House members asked USTR to investigate specialty crop imports from Mexico for unfair trade practices. India notified the WT...