World Perspectives

Beef, Pasta, Inflation

Replicating his predecessor, Mr. Trump is blaming corporate price gouging for currently high beef prices. Charging the industry with “Illicit Collusion, Price Fixing, and Price Manipulation,” federal prosecutors will be trying to prove the implausible. After all, beef company margins have been negative. If packers are manipulating prices, it must be intended to screw their own investors with low or negative returns. Maybe next the Administration will copy presidential candidate Kamala Harris and impose the “first-ever federal ban on price gouging on food,” or maybe mimic New York City Mayor-elect Zohran Mamdani and establish state-run grocery stores.  Beef prices are not the only product with outsized price incr...

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Market Commentary: Markets Rally as Shutdown Starts to End

CBOT markets rode a wave of enthusiasm Monday with the winds of a partial reopening of the U.S. government, China trade optimism, and USDA’s upcoming WASDE report driving the sentiment. The Senate broke the filibuster late Sunday night as several Democrats joined Republicans in passing th...

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Trump Calls for Meat Packing Anti-Trust Investigation

Late Friday afternoon, President Trump called on the Department of Justice to investigate potential anticompetitive practices in the meatpacking industry. In an announcement on social media, he wrote: I have asked the DOJ to immediately begin an investigation into the Meat Packing Companies who...

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Summary of Futures

Dec 25 Corn closed at $4.2975/bushel, up $0.025 from yesterday's close.  Dec 25 Wheat closed at $5.3575/bushel, up $0.08 from yesterday's close.  Jan 26 Soybeans closed at $11.3/bushel, up $0.13 from yesterday's close.  Dec 25 Soymeal closed at $320/short ton, up $2.9 from yester...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Rally as Shutdown Starts to End

CBOT markets rode a wave of enthusiasm Monday with the winds of a partial reopening of the U.S. government, China trade optimism, and USDA’s upcoming WASDE report driving the sentiment. The Senate broke the filibuster late Sunday night as several Democrats joined Republicans in passing th...

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Trump Calls for Meat Packing Anti-Trust Investigation

Late Friday afternoon, President Trump called on the Department of Justice to investigate potential anticompetitive practices in the meatpacking industry. In an announcement on social media, he wrote: I have asked the DOJ to immediately begin an investigation into the Meat Packing Companies who...

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Summary of Futures

Dec 25 Corn closed at $4.2975/bushel, up $0.025 from yesterday's close.  Dec 25 Wheat closed at $5.3575/bushel, up $0.08 from yesterday's close.  Jan 26 Soybeans closed at $11.3/bushel, up $0.13 from yesterday's close.  Dec 25 Soymeal closed at $320/short ton, up $2.9 from yester...

feed-grains soy-oilseeds wheat

Daily Estimate of Managed Money Positioning in Ag Futures

Amid the ongoing U.S. government shutdown, WPI presents the following estimates of managed money traders’ positioning in key agricultural futures markets. WPI’s estimates are based on econometric and signal processing methods that use futures price, volume, and open interest informa...

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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.

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