World Perspectives
feed-grains

Directional Trade Deficit

The Biden Administration halted new trade agreements until it said it could make Americans more competitive with policies like Build Back Better. However, those policies could take many years and the trade deficit continues to grow. It is no doubt helped along by the strong dollar, which makes imports cheaper and exports less competitive.  However, it also does not help when trading partners like Mexico impose barriers to agricultural imports from the U.S. American corn exports are a significant 17 percent of the value of U.S. agricultural exports to Mexico.  They are already down 15 percent in the first quarter of this fiscal year. Mexico’s overall trade surplus with the U.S. has been growing at double digits each year, an...

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feed-grains soy-oilseeds wheat

Market Commentary: War and Easter Exit Strategy

There were a lot of moving parts on the last trading day of the holiday-shortened week, but liquidation and profit-taking may have been the strongest. A prolonged war and higher energy prices will impact consumption and inflation, while supporting biofuels. Storm systems may reduce some of the...

Good Friday

Tomorrow, 2 April, is a holiday for the CBOT/CME markets in observance of Good Friday. Please note that our office will also be closed. The next Ag Perspectives will be published Monday, 6 April. ...

livestock

Poultry Production Rebounds on Heavier Weights

Through the week ending 21 March, U.S. broiler production remains well above year-ago levels, with total headcount surpassing 2.04 billion, a 3.63 percent increase compared to 2025. While overall supply levels continue to expand, the distribution across weight classes further highlights a prono...

feed-grains soy-oilseeds wheat

Market Commentary: War and Easter Exit Strategy

There were a lot of moving parts on the last trading day of the holiday-shortened week, but liquidation and profit-taking may have been the strongest. A prolonged war and higher energy prices will impact consumption and inflation, while supporting biofuels. Storm systems may reduce some of the...

Good Friday

Tomorrow, 2 April, is a holiday for the CBOT/CME markets in observance of Good Friday. Please note that our office will also be closed. The next Ag Perspectives will be published Monday, 6 April. ...

livestock

Poultry Production Rebounds on Heavier Weights

Through the week ending 21 March, U.S. broiler production remains well above year-ago levels, with total headcount surpassing 2.04 billion, a 3.63 percent increase compared to 2025. While overall supply levels continue to expand, the distribution across weight classes further highlights a prono...

FOB Prices and Freight Rates App (Updated 3 April)

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

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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