One way or another, today’s grain and soy futures market action was all about China and the critical negotiations that began later this afternoon. We call them critical because in the current acrimonious atmosphere, the results of the meetings today and Friday will probably determine whether talks continue following the Chinese retreat from what the Americans thought were firm commitments written into the draft agreement. Tariffs go from 10 to 25 percent on $200 billion of Chinese goods at 12:01 a.m. (EDT) Friday unless there is a remarkable turnaround in today’s negotiations. Meanwhile, President Trump received a “beautiful letter” from Chinese President Xi indicating “he wanted to work together” and &ld...
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.