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...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Grains Fall on Weather, Strong Dollar; Cattle Surge on Inventory Numbers

The CBOT turned lower to start the week with some of the profit-taking that defined Friday’s end-of-month trade continuing into the first day of February. Also pressuring grain futures was an improved forecast for Argentina, a surge in the U.S. dollar, and sharply lower energy markets. Th...

India’s Catbird Seat; Targeting Cuba; Good and Bad GMOs

India’s Catbird Seat China is a state-run economy with formidable output, utilizing abundant, lower-cost labor. India is a democracy with a massive low-cost labor pool and countless restrictions on imports. The EU and now the U.S. have completed very different trade agreements with India,...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2575/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.2775/bushel, down $0.1025 from yesterday's close.  Mar 26 Soybeans closed at $10.6025/bushel, down $0.04 from yesterday's close.  Mar 26 Soymeal closed at $294.5/short ton, up $0...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Fall on Weather, Strong Dollar; Cattle Surge on Inventory Numbers

The CBOT turned lower to start the week with some of the profit-taking that defined Friday’s end-of-month trade continuing into the first day of February. Also pressuring grain futures was an improved forecast for Argentina, a surge in the U.S. dollar, and sharply lower energy markets. Th...

India’s Catbird Seat; Targeting Cuba; Good and Bad GMOs

India’s Catbird Seat China is a state-run economy with formidable output, utilizing abundant, lower-cost labor. India is a democracy with a massive low-cost labor pool and countless restrictions on imports. The EU and now the U.S. have completed very different trade agreements with India,...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2575/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.2775/bushel, down $0.1025 from yesterday's close.  Mar 26 Soybeans closed at $10.6025/bushel, down $0.04 from yesterday's close.  Mar 26 Soymeal closed at $294.5/short ton, up $0...

livestock

Meat Producer Price Index

Wholesale meat prices fell across the board in December, seasonally adjusted, according to Producer Price Index (PPI) data released Friday by the Bureau of Labor Statistics. The overall PPI for final demand, which measures the end stage of production, rose 0.5 percent last month, driven by high...

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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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