World Perspectives

Canadian Ag Policy, Eh?; Korean Example at OECD

Canadian Ag Policy, Eh? After winning a plurality of seats but not a majority, Justin Trudeau and his Liberal Party will have to govern as a coalition and no one expects much to happen, especially in rural western Canada. Western Canada, where the Conservatives control politics, is agriculture and fossil fuels. The coalition government will not approve the oil pipelines sought by the western provinces, though it might be okay increasing the amount of canola converted to biofuel. But minority-led governments have poor productivity and rarely last more than 18 months before requiring a new election.  Korean Example at OECD The Organization for Economic Cooperation and Development (OECD) is hosting a forum this week on “Measuring...

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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”...

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”...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Mixed as Shutdown End Begins

The CBOT was mixed with Monday’s strength in various markets fading quickly and giving way to a “turnaround Tuesday”. Corn and soyoil were the two holdouts from the turnaround pattern as both markets saw demand-side factors boost values to modest gains. Beyond that, traders we...

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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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