World Perspectives

Anti-Reform’s Fishy Excuses; Commodity Glut; Government over People

Anti-Reform’s Fishy Excuses USTR Robert Lighthizer told the Senate Finance Committee that the WTO rules are out of date and need reform. This is evidenced by reports that U.S. complaints about the self-designation of developing country status are causing collateral damage to negotiations on fisheries subsidies and e-commerce. First, it should be made clear that fishery subsidies are a greater environmental problem than a trade issue. Most of the large fishing fleets are out of self-designated developing countries, and they are destroying the oceans’ wildlife. Further, reaching an agreement on e-commerce has the larger hurdle of governments wanting to control all data flows and forcing their localization. If WTO members are in...

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Market Commentary: Shutdown Progress, WASDE Hopes Send CBOT Higher

 The U.S. government is edging ever closer to reopening, which means Washington can resume its vital work of spending money to see if rabbits enjoy Swedish massages and training mountain lions to run on treadmills (we wish we were kidding). While Washington’s spending habits certainl...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3525/bushel, up $0.0325 from yesterday's close.  Dec 25 Wheat closed at $5.36/bushel, up $0 from yesterday's close.  Jan 26 Soybeans closed at $11.3375/bushel, up $0.065 from yesterday's close.  Dec 25 Soymeal closed at $321/short ton, up $4.1 from yester...

Ham-Handed; Existential WTO Questions; Miscellany; Stove Piped Regs

Ham-Handed U.S. Treasury Secretary Scott Bessent said that the Administration will make “substantial announcements” about tariffs on coffee and other commodities not grown domestically “over the next couple of days.” The move is being made because food inflation has prov...

feed-grains soy-oilseeds wheat

Market Commentary: Shutdown Progress, WASDE Hopes Send CBOT Higher

 The U.S. government is edging ever closer to reopening, which means Washington can resume its vital work of spending money to see if rabbits enjoy Swedish massages and training mountain lions to run on treadmills (we wish we were kidding). While Washington’s spending habits certainl...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3525/bushel, up $0.0325 from yesterday's close.  Dec 25 Wheat closed at $5.36/bushel, up $0 from yesterday's close.  Jan 26 Soybeans closed at $11.3375/bushel, up $0.065 from yesterday's close.  Dec 25 Soymeal closed at $321/short ton, up $4.1 from yester...

Ham-Handed; Existential WTO Questions; Miscellany; Stove Piped Regs

Ham-Handed U.S. Treasury Secretary Scott Bessent said that the Administration will make “substantial announcements” about tariffs on coffee and other commodities not grown domestically “over the next couple of days.” The move is being made because food inflation has prov...

FOB Prices and Freight Rates App (Updated 12 November)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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.

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