Macroeconomics Food Inflation Falls for the Third Straight Month For the month of May, food prices rose by 10.6 percent from a year ago, marking the smallest increase since last August. The main driver of China’s food basket, pork, was up for the fifteenth consecutive month at 81.7 percent compared to pork prices in May 2019. Nonetheless, compared to April the annualized uptick was less. Other items seeing notable increases in the their average costs include cooking oil, up 5.3 percent, and milk, up 1 percent. Several other key components of the country’s food basket, however, moved in the opposite direction last month. These included fresh vegetables, down 8.5 percent; fresh fruit, down 19.3 percent; and eggs, down 12.3 perce...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.