World Perspectives

Interest Rate Outlook Impact on Agriculture

Last week the Federal Reserve – by a unanimous vote – moved to increase the federal funds rate by another 75 basis points for the third consecutive meeting, which brings the rate to the 3 - 3.25 percent range. That’s the highest since since early 2008 prior to the last recession.  More important, however, is the Federal Open Market Committee’s (FOMC) outlook for more rate hikes. The September meeting was one of the Committee’s so-called “dot-plot” meetings, which refers to a chart the committee issues with dots, each representing a Fed member’s view on where the federal funds rate should be at the end of the current and following years. Below is the Fed’s plot.  

Based...

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FOB Prices and Freight Rates App (Updated 4 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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