Economics, as a discipline, has been based on several assumptions over the years, and the evolution of Big Data and the “Internet of Things” (IoT) is rapidly proving that one of the basic tenets of textbook economics is obviously flawed. One of the most discussed concepts in the information technology world these days is the concept of the “Internet of Things” (IoT). This is the term for the growing inter-connectivity of various devices, sensors and various parts within other hardware or, in other words, “things.” The IoT includes: Internet home security cameras that display images from the front door of a house on a smart phone; sensors in engines and machines that send data to other engines and machines; and about any other connection tha...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.