The flood of easy money from the U.S. Federal Reserve intended to prop up the economy in the face of COVID-19 should be inflationary. The Fed has tipped its hand by expressing a desire for inflation above its previous 2 percent cap. Food and energy are typically treated separately than core inflation since they are inherently more volatile. Nonetheless, inflation should be good for commodities since they concurrently store value. Commodity futures have thus far been bearish with the inflation rate so far this year for unprocessed foodstuffs and feedstuffs averaging -6.7 percent. By contrast, the 20-year average is 3.2 percent for this category. The COVID-related pantry stockpiling drove the cost of finished consumer foods up 2.3 perc...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.