Indian Rupee Had Worst Regional Performance The Indian rupee (INR) had the worst performance in the region over the past 90 days with a depreciation rate of 10.14 percent. In comparison, the Malaysian ringet (MYR) depreciated 3.61 percent, Sri Lankan rupee (LKR) 3.93 percent and Vietnamese dong (VND) 2.07 percent, with the Bangladesh taka (BDT) actually stronger by 0.62 percent.The market has been expecting an intervention as the rupee again crossed the $1 for every 60 rupees threshold, but the Reserve Bank of India stated that it has no plans to intervene and no specific target for the exchange rate. One reason why the INR has been losing its value has been the change in U.S. monetary policy and the slowing of the bond-buying program th...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.