Fund buying is signaling it is the market bottom for grains, because they say so. And beef has hit a market top because President Trump says it has. Of course, it is more complex than that but those are authoritative sources. The corn market did not wait for such signals, instead rallying of late on fundamental supply and demand. Soybeans still have the hope that Mr. Trump does a deal with China that results in large buys to fill late year demands. Wheat has hit such bottoms that there seems no other direction to go but up. Meanwhile, beef prices have risen to such thin air that any whim or fancy can cause turbulence. Still, in a fall harvest period that has been bearish for row crops, this week finally found at least some suppo...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
A federal appeals court paused a USITC ruling against President Trump’s use of Section 122 to impose 10-percent global tariffs. A bipartisan group of 80 House members asked USTR to investigate specialty crop imports from Mexico for unfair trade practices. India notified the WT...
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.