Macro issues are currently driving prices as much or more than micro fundamentals such as supply and demand. Commodity markets have been bearish in the recent short term, but will this trend continue in the long term?Commodity and financial market traders are having a tough time these days. Macro issues are driving prices as much or more than micro fundamentals such as supply and demand. Markets have been buffeted by the Greek situation, the ongoing Ukrainian/Russian hostilities, Middle Eastern conflicts, the slowing Chinese economy with its devalued yuan, slow or no economic growth in developed countries and the floundering economies of some developing nations like Russia, Brazil and Argentina that have also negatively impacted their curre...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.