Risky Trade How much Ukraine produces, and exports are critical questions for global agricultural markets. With its own Black Sea ports blocked, some grain and oilseed products have moved westward via challenging logistics. Comvex, which operates the Romanian port of Constanta says a cargo of over 71 KMT of Ukrainian corn loaded this week, the first since Russia invaded Ukraine. And Bulgaria has offered Ukraine the use of its port of Varna, though that may require reviving Soviet-era railroad tracks. Either way, the risk to these shipping routes is the fact that Russia controls the Black Sea. This means any meaningful shipments could easily be harassed by Russian warships. Reassessing China As the Soviet Union dissolved and C...
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...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.