In our continuing efforts to provide you with pertinent market analysis, WPI is considering expanding our analysis and coverage of the Chinese commodity futures markets. The following is a sample. Tell us what you think – email Matt at mherrington@grilink.com and let us know your thoughts. Monthly Summary March Closes Out Robust Trading Quarter to Start 2020 While China’s overall economy has suffered tremendously from Covid-19 and the nationwide shelter-in-place orders, trading on the Dalian Commodities Exchange has remained robust. With the exception of cornstarch futures, volume for the month of March and the first quarter of 2020 were up sharply for corn, soymeal, and soyoil futures. In particular, soyoil futures, which ha...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
What You Need to Know Today: Wholesale inflation was flat in July, with the Producer Price Index (PPI) unchanged versus expectations for a 0.2 percent increase. Core PPI rose 0.2 percent, also below expectations. The softer inflation data has reduced the odds of a September interest rate incre...