Bipartisan Enemy U.S. Congressional Democrats and Republicans cannot agree on an infrastructure investment package but when it comes to competing with China there was a 68 to 32 agreement in the Senate this week. That was the vote on a bill that in addition to reauthorizing customary tariff cuts would boost spending on research and development and subsidize the making of semiconductor chips. Basically, the two political parties concluded that the domestic enemy of my foreign enemy is good. Meanwhile, China issued a statement urging the U.S. Congress to “immediately stop” work on the bill because it smears China’s policies. This coming from a government that constantly warns other nations to not intervene in i...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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...
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.