The market is facing many knowns and unknowns. How President Trump’s tariff war will proceed is top among the unknowns, though it cannot be good until it is over. Now the President is threatening 200 percent tariffs on EU wines and liquor if Brussels does not drop its retaliatory duty on whisky. This is going to heat up fast. And it isn’t just U.S. agriculture feeling the impact. Europe’s FEFAC fears that the EU’s retaliatory tariffs on American grain and oilseeds will increase feed costs. Becoming clearer is the scale of South America’s production. The Rosario Grains Exchange adjusted its estimates for Argentine corn and soybeans lower, but Conab increased its outlook for Brazil’s production. Back...
This morning’s Consumer Price Index (CPI) report makes it less likely that the Fed will hike short-term rates at the September Federal Open Market Committee (FOMC) meeting. Consumer prices declined in June as energy prices moved sharply lower following a temporary peace agreement between...
Mediterranean/Middle East/North Africa/Africa – MEA Region Syria's new Russian logistics hub at Tartous port is expected to be operational by the end of July. It is expected to handle 250,000 MT of cargo per month, including wheat and other grains. Initial shipments are expected to be Rus...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.