World Perspectives

Congress Certifies 2024 Election

In a joint session today, Congress certified the 2024 election results. That sets up the incoming Trump Administration to pursue an ambitious First 100 Days of executive orders and other legislative activity that will likely include many of the campaign promises he made, including significant deportation efforts and immigration reform, implementation of tariffs, and extending other tax proposals including the 2017 Tax Cuts and Jobs Act which expires at the end of this year.  Today’s certification was made possible by the House election of Mike Johnson (R-Louisiana) for a second term as Speaker of the House. Without a Speaker, Congress could not have convened today to certify the election results. As WPI reported on 23 December, Johnson...

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feed-grains soy-oilseeds wheat

Market Commentary: Sell The Fact Trade Drives Turnaround Tuesday

The big news in commodity markets Tuesday was USDA’s confirmation that China purchased nearly 800 KMT of soybeans from the U.S. on Monday. That news was corroborated by news stories saying China booked over 20 cargoes from the PNW and Gulf with basis levels rising in both locations as if...

AI Beats Techphobia; Copout 30; Regional Competition

AI Beats Techphobia Germany and France are now seeking delays in implementing the EU’s AI Act and its effort to restrain high-risk artificial intelligence systems. Fear of being left behind prompted French President Emmanuel Macron to argue it is necessary “to use this time in order...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3675/bushel, up $0.02 from yesterday's close.  Mar 26 Wheat closed at $5.59/bushel, up $0.005 from yesterday's close.  Jan 26 Soybeans closed at $11.535/bushel, down $0.0375 from yesterday's close.  Dec 25 Soymeal closed at $327/short ton, down $3.8 from...

feed-grains soy-oilseeds wheat

Market Commentary: Sell The Fact Trade Drives Turnaround Tuesday

The big news in commodity markets Tuesday was USDA’s confirmation that China purchased nearly 800 KMT of soybeans from the U.S. on Monday. That news was corroborated by news stories saying China booked over 20 cargoes from the PNW and Gulf with basis levels rising in both locations as if...

AI Beats Techphobia; Copout 30; Regional Competition

AI Beats Techphobia Germany and France are now seeking delays in implementing the EU’s AI Act and its effort to restrain high-risk artificial intelligence systems. Fear of being left behind prompted French President Emmanuel Macron to argue it is necessary “to use this time in order...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3675/bushel, up $0.02 from yesterday's close.  Mar 26 Wheat closed at $5.59/bushel, up $0.005 from yesterday's close.  Jan 26 Soybeans closed at $11.535/bushel, down $0.0375 from yesterday's close.  Dec 25 Soymeal closed at $327/short ton, down $3.8 from...

Stage Two of SDRP Announced

Now that the government has re-opened, the USDA announced yesterday that starting on 24 November producers can enroll in the second wave of the Supplemental Disaster Relief Program (SDRP). The program covers eligible commodities that did not fall under the first application process. SDRP was ap...

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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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