World Perspectives

Draghi versus Strategic Dialogue; Cooking the CVD Books

Draghi versus Strategic Dialogue Mario Draghi issued his long-awaited report on European competitiveness that had been requested by the European Commission. Its content stands in both contrast and conflict with U.S. goals and the Strategic Dialogue just completed on future support for European agriculture.  The Draghi report focuses on boosting European productivity, which the U.S. has consistently outpaced. He suggests an industrial policy focused on investing in “technological sovereignty.” There is specific focus on digitalization, green tech, and defense. Notably, he recognizes that Europe’s General Data Protection Regulation is not only annoying to Americans who now must always click accept all cookies, but it...

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CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Market Commentary: Low Volume But Solid Intentions

The CME and traders recovered from a data center problem that halted overnight trading but it was the holiday interrupted week that sent trading volumes sharply lower on Friday. The day started with another flash sale of soybeans to China, evidencing that Beijing is committed to its agreement w...

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Sow and Cattle Slaughter Dynamics

HOGS The USDA is releasing weekly slaughter data that was unavailable through the government shutdown. On average, through mid-November, sow slaughter has been around 57,400 head per week, which is about 3,400 head, or 5.6 percent lower than the weekly average of about 60,800 head per week in 2...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Market Commentary: Low Volume But Solid Intentions

The CME and traders recovered from a data center problem that halted overnight trading but it was the holiday interrupted week that sent trading volumes sharply lower on Friday. The day started with another flash sale of soybeans to China, evidencing that Beijing is committed to its agreement w...

livestock

Sow and Cattle Slaughter Dynamics

HOGS The USDA is releasing weekly slaughter data that was unavailable through the government shutdown. On average, through mid-November, sow slaughter has been around 57,400 head per week, which is about 3,400 head, or 5.6 percent lower than the weekly average of about 60,800 head per week in 2...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4775/bushel, up $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.385/bushel, down $0.02 from yesterday's close.  Jan 26 Soybeans closed at $11.3775/bushel, up $0.0625 from yesterday's close.  Jan 26 Soymeal closed at $318.7/short ton, down $1.7 f...

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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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