Au Contraire U.S. Transportation Secretary Pete Buttigieg said this past weekend that passing President Biden’s infrastructure package is the solution to current supply chain hurdles. It may be but the results are unlikely to show until years for now. The funding for ports, roads and bridges will eventually help but initially they will only add to the delays as the new demand for construction supplies further clog the pipeline. There will also be delays as the Administration litigates construction permits with environmental groups and labor unions. Voters may give credit to the Administration in elections next year and in 2024 for making an effort, or they could just see an ongoing problem in supply chains unresolved by their elected...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.