One Year Balancing Act Favorable numbers for Wall Street and the unemployment rate are two metrics Donald Trump needs to win reelection. Employment has not waivered yet and while the trade war with China has the Dow Industrial Average off 5 percent from its peak, it is still 15 percent higher from its trough back in December. The Trump reelection campaign is gambling that if the economic costs of the war are kept limited, they will contrast this President’s get-tough approach with China against the opposition’s suggestion that America back off and thus capitulate. They will argue that China has been stealing, and failure to force better behavior will then be granting Beijing a license to steal. However, if he miscalculates his...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.