Big banks are racing furiously under the assumption that blockchain technology is going to undermine the need for their role in ensuring the integrity of financial transactions. However, distributed databases also threaten to disrupt the role of derivative exchanges and perhaps grain origination as well. Blockchain Disruption of Commodities Big banks are racing furiously under the assumption that blockchain technology is going to undermine the need for their third-party role in ensuring the integrity of financial transactions. However, distributed databases (no single party can manipulate it) also threaten to disrupt the traditional role of derivative exchanges and perhaps grain origination as well. Vitalik Buterin explains that blockchai...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.