Macroeconomics Food Costs See Another Big Jump in August Food prices across China rose by 6.1 percent last month, marking the second straight increase of more than 6 percent from prices a year ago. The uptick in July and August are the two strongest surges in the past 22 months. Ongoing pandemic lockdowns, high energy prices, and surging agricultural commodity costs have all contributed to the about-face in the cost food over the summer. August’s figures also marked the fifth consecutive month that the average price for food was up from a year ago. Leading the way was the cost of pork, which saw strong gains last month and rose by 22.4 percent compared to August 2021. It was followed by the prices for fresh fruit, cooking oil, fres...
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...
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.