RECPie for Nothing Philippines Trade Assistant Secretary Allan B. Gepty gave assurance that the Regional Comprehensive Economic Partnership (RCEP) and its 15 member economies does not impact agriculture very much. Manila only offered to reduce tariffs on the equivalent of 1.9 percent of the number of tariff lines involving agriculture. Let Them Eat Broccoli Jessica Fanzo of Johns Hopkins University writes in Bloomberg that the war in Ukraine reveals the need to diversify our food supply away from a few staple crops like wheat. She notes that subsidies are directed at just 0.003 percent of all plant species and just 0.21 percent of all the crops used by humans throughout history. She would instead redirect subsidies toward “fr...
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.
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...