In yesterday’s report, looking forward to today’s WASDE, we noted that all eyes should go to the meat and broiler export forecasts “as trade is the driver” for 2020. As it turned out, nothing changed on those forecasts. It would appear that the Japan-U.S. deal was already factored in, and it was indeed too early for USDA to fully include the China deal. On the topic of China, a trade team from Beijing is expected in Washington on Monday for the signing of the pact next Wednesday. Also note, we’ve learned that a U.S. team may go to China as early as the first week of February, ostensibly for the kickoff of Phase Two talks … but right now, that is tentative, at best. There is still news to come abo...
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...
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.