The Democrats controlling the whole of U.S. government has boosted the chances of more fiscal stimulus, but also reflationary concerns. According to Hill-HarrisX, 75 percent of the 3,787 registered voters surveyed are somewhat or very concerned about the national deficit. The U.S. deficit was $3.1 trillion in 2020 alone and if additional $2,000/person stimulus checks are now written, that will add nearly another half-trillion dollars. The dollar is already weakening and thus helping to inflate commodity values. Inflation is particularly impactful on commodity prices because speculation can add its own impetus. Capital inflows to the commodity markets have been notable of late, egged on by perceived supply shortages but now likely to accele...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
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...