There are a lot of issues working against the snack world right now from tariffs to cocoa and sugar prices, to the Make America Healthy Again (MAHA) ban on dyes and artificial colors. Let’s take a look. First, there is the ongoing volatility of cocoa prices. Prices have been in an almost constant state of flux for all of 2025, remaining significantly ahead of their roughly $2,500/MT levels during 2022. However, prices last month dropped off considerably. After settling at just over $10,000/MT in mid-May, cocoa futures in New York dropped nearly 25 percent in less than a month. The price of $7,309/MT on 16 June is effectively the lowest price of the year and off 21.3 percent since “Tariff Liberation Day” on 2 April. T...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
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...