Nothing is more important to commodity markets than the larger economy. First, the U.S. economy was headed toward secular stagnation, then it was worrisome inflation, and now it is at worst an impending recession, and at best confusion. The Federal Reserve had been on track for what had been assumed to be four interest rate hikes this year, the first arriving in March. The goal is to pinch back inflationary pressures before they get out of hand. Using the European measurement of inflation, the U.S. had an annualized increase in Core HICP (Harmonized Index of Consumer Prices) at nearly four times the Euro Area rate. While demand for automobiles in Europe is down, higher demand is running into a short supply in the U.S. Inflatio...
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
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.