Bitcoin mania with its wild price swings has taken over the attention of a good part of the financial world, and now it has become a commodity. Following approval of the CFTC trading of bitcoin futures, which began last Sunday night at the Cboe, the CME will launch its competing bitcoin futures contract the night of 17 December. For some old-time commodity futures traders, this is like an early Christmas present. Traders accustomed to seeing corn futures prices trade in a 2-4 cent daily range may drool at the potential opportunities to buy and sell highly-leveraged contracts that can move thousands of dollars per unit in a single trade. Moreover, with bitcoin futures barely born, there are not yet algorithms or computer trading programs to...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.