Ag commodity markets obviously are on a bull tear that is driving food inflation, but that high level of agri-food inflation may be masking some of the inflation in the general economy. Core inflation, which excludes food and energy, was up 0.2 percent again in June and is up 2.2 percent from a year ago, hovering near the largest 12-month gain since September 2008. In the past three months, core prices are up at a 2.6 percent annual rate despite lower energy prices.These figures already are above the Federal Reserve's supposed target of 2 percent. According to the Fed and testimony from Chairman Ben Bernanke to the House Banking Committee this week, inflation is expected to be 1.2-1.7 percent this year compared with the Federal Open Marke...
Russian Grain Markets: 12–16 October 2026 During the week in review, the Russian grain market began recovering after an extended decline driven largely by Black Sea logistics bottlenecks, a good crop and weaker global demand in traditional Russian markets. Russia is beginning to harvest c...
What You Need to Know Today: Corn and soybeans were under heavy selling pressure as weaker (or at least as-expected) export demand runs into an accelerating harvest pace with more grain available in the spot market. Corn and soybean harvest progress remains below average across the U.S., espec...
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.