Bloomberg reports a dramatic increase in hunger in India last year due to the economic losses from COVID. The Centre for Sustainable Employment in India believes that 2021 will be worse because now savings have been depleted. Meanwhile, India’s agricultural exports have increased by over 17 percent in fiscal 2021. The U.S. is the largest imported of food from India. Despite ranking amongst the worst nations in the world for hunger, India has been a net exporter of food since 1991. Commerce Secretary Anup Wadhawan credits the growth in India’s agricultural exports, despite pandemic disruptions, to policy interventions by the government and the expansion of products into new markets. Because of the contradiction of having a natio...
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...
The Trump Administration is planning a suspension of tariff rate quotas (TRQs) on beef from all exporters for 200 days as a means to address high beef prices in the U.S. U.S. cattle and beef prices have increased based on exceptionally strong consumer demand, the smallest U.S. cattle herd in 75...
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.