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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biofuel feed-grains

India’s Ethanol Conundrum and Impact on Global Markets

India is attempting to pursue its climate goals through the expansion of biofuel blending into transportation fuels, but the dynamics of the country’s agricultural systems and protectionist trade policies may stymie these efforts. The USDA recently issued an outlook that calls for India t...

FOB Prices and Freight Rates App (Updated 6 September)

*** Developer Update 13 August 2024 *** This app now combines two previously separate apps (one that held only freight rate data and the other which held only FOB/C&F price estimates) into one single product. The information previously contained in the freight rate-only app has now been add...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Dips as Short Covering Subsides; Livestock Fall on Macro Worries

The CBOT was mostly lower on Thursday as traders took a day to pause and reassess positions and the grain market outlook with just one day of trade left before the weekend. Too, the September WASDE is looming next week and traders are positioning and adjusting expectations in advance of that re...

biofuel feed-grains

India’s Ethanol Conundrum and Impact on Global Markets

India is attempting to pursue its climate goals through the expansion of biofuel blending into transportation fuels, but the dynamics of the country’s agricultural systems and protectionist trade policies may stymie these efforts. The USDA recently issued an outlook that calls for India t...

FOB Prices and Freight Rates App (Updated 6 September)

*** Developer Update 13 August 2024 *** This app now combines two previously separate apps (one that held only freight rate data and the other which held only FOB/C&F price estimates) into one single product. The information previously contained in the freight rate-only app has now been add...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Dips as Short Covering Subsides; Livestock Fall on Macro Worries

The CBOT was mostly lower on Thursday as traders took a day to pause and reassess positions and the grain market outlook with just one day of trade left before the weekend. Too, the September WASDE is looming next week and traders are positioning and adjusting expectations in advance of that re...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.1075/bushel, down $0.02 from yesterday's close.  Dec 24 Wheat closed at $5.7475/bushel, down $0.06 from yesterday's close.  Nov 24 Soybeans closed at $10.235/bushel, up $0.02 from yesterday's close.  Dec 24 Soymeal closed at $326.5/short ton, down $2.8 fr...

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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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