Bernienomics American socialist politician Bernie Sanders blames greedy companies for causing rising prices. Some in the EU see the same thing, complaining that the U.S. was overcharging for the natural gas they were importing. Never mind that removing Russia as a supplier creates a shortage and aggressive buying has led to overflowing surpluses. The U.S. imports a lot of wine from Europe and the average cost of a bottle of plunk in New York is twice that purchased in Paris. Where do these arguments lead? Agriculture as Springboard Philippine President Bongbong Marcos concurrently named himself head of the nation’s agriculture department. Political leadership in agriculture may be growing in importance in the U.S., though as a spri...
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...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.