Macroeconomic Trends Food Prices in June See Biggest Decline Since November The average cost of food this past June fell by 1.7 percent from a year ago. That amounts to the largest decrease since last November when it declined year-on-year by 2 percent. June’s figures also reverse course from May when food prices inched up by .3 percent from May 2020. Driving the downturn have been pork prices, which contracted by 36.5 percent from where they stood in June 2020. Other food items seeing decreases included fresh vegetables, cooking oil, and dairy products, which ticked down by .1 percent, 7.7 percent, and 2.2 percent, respectively. In contrast, prices for eggs and fresh fruit were up from a year ago by 17.9 percent and 3.1 percent, re...
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
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.