World Perspectives

Economic Uncertainty

The global financial markets are full of anxiety. As yields on 10-year U.S. Treasury debt dropped to 1.44 percent yesterday, close to the all-time low of 1.30 percent in July 2012, the two most basic hedges against inflation and uncertain monetary policy, gold and TIPS, are the brightest areas in the market.The global financial markets are full of anxiety. Since Brexit looked like the reality it became, the British pound has lost about 10 percent of its value relative to the U.S. dollar and 9 percent against the euro. Yields on 10-year government debt are negative 0.12 percent in Germany and negative 0.19 percent in Japan, both record lows. Those on 10-year U.S. Treasury debt dropped to 1.44 percent yesterday, close to the all-time low of 1...

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Summary of Futures

May 26 Corn closed at $4.4725/bushel, down $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, down $0.1775 from yesterday's close.  May 26 Soybeans closed at $11.62/bushel, up $0.0375 from yesterday's close.  May 26 Soymeal closed at $314.1/short ton, up $2.3...

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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.

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