Former Lehman Brothers chief economist John Llewellyn notes that developing countries with sufficiently bad scores in terms of budget deficits, trade deficits and inflation face a greater likelihood for trouble when the Federal Reserve begins normalizing its rate policy. What Goes Around Or is it monkey see, monkey do? In its latest National Trade Estimates report, the U.S. complains that Canada started reclassifying cheese containing products such that it now confronts prohibitively high tariff rates. Ottawa is just copying what Washington did to sugar containing products imported from Canada many years ago. These circumventions of intended protections for Canada's dairy and America's sugar industries reflect the precariousness of the un...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.