According to reports from Ukraine’s Ministry of Defense intelligence operations, Russia has been purposefully bombing and/or commandeering agricultural machinery in the Ukraine, at least through last week. The latest was in the Sumska Oblast in north central Ukraine where a warehouse full of equipment was destroyed. Other areas hit include neighboring Chernivetska, the Kyivska Oblast surrounding Kyiv, and Kahrkivska where Kahrkiv is located. Zaporizka (southeast) and Khersonska (south central where the ports are located) have also been targeted. Data compiled by USDA FAS, reported from the State Statistics Service of Ukraine, the five-year 2016-2020 average production of wheat and corn for each region is in the table below, wit...
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
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.