It was a technical runup today that will correct lower but there is a Chinese curveball in play. The fundamentals remain weak – look at today’s Export Sales report. And Tuesday’s WASDE will reinforce this viewpoint. But now China is an interesting side play. The Middle Kingdom is now a punching bag in the U.S. presidential campaign. According to the left-leaning Pew Research, two-thirds of Americans have a negative view toward China. This has forced Democratic challenger Joe Biden to go from pro-engagement to trying to out-tough Donald Trump on the Middle Kingdom. Trying to out-tough Donald Trump means escalating the matter into a mixed martial arts contest. Mr. Biden’s most recent campaign ad said Donald Tru...
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.