World Perspectives

Economy and Trade Policy Impacts on Commodities

The Producer Price Index (PPI), which measures the price received by producers when they sell their output, fell for the second consecutive month in January with a drop of 0.10 percent. Over the past three months, the PPI is down at an annualized rate of 0.3 percent. But the decline is being driven by the ag and energy sectors, which might be good for the overall economy, but bad for ag and energy. Food inflation was down 1.7 percent last month, and energy dropped 3.8 percent, the only two categories to fall. Even within the commodities sector, metals rose. This means everything else in the economy is seeing an increase in prices except agriculture and energy. Thus, core inflation (i.e., inflation minus food and energy) is up 2.6 percent o...

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feed-grains soy-oilseeds wheat

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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.

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