In market analysis, technical indicators and chart patterns often precede major changes in fundamental supply/demand relationships. One theory why this occurs is that the collective wisdom of the market recognizes small but important changes in the fundamentals before they have exerted their eventual major influence. Another theory is that technical indicators are a self-fulfilling prophecy; that is, traders who believe in a signal will act in such a way to make the signal come true. It is sort of a herd-mentality way of thinking. A final thought is that (as economic theory teaches) the final arbiter between supply and demand is price. Consequently, studying prices and how they could create changes in supply/demand relationships gives insig...
What You Need to Know Today: President Trump suspended the planned attacks on Iran and announced that the pieces for a framework for peace were in place in a weekend social media post. Iran, however, later said no efforts were underway to conduct negotiations with the U.S., though Oman indicat...
Key Takeaways: E15 expansion would support corn and ethanol demand by increasing domestic biofuel consumption and reducing reliance on petroleum-based fuels. Year-round E15 has gained bipartisan momentum, but the policy remains in legislative limbo as lawmakers continue to negotiate provisions...
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.