World Perspectives

Good USMCA Vibes; Real Battle over Fake Meat

Good USMCA Vibes The chief deputy Democratic whip in the U.S. House of Representatives, Henry Cuellar (Texas), said that Congress will pass the USMCA this year, and believes a number of Democrats will support it. Meanwhile, the Senate Finance Committee will hold its first hearing on the agreement on 3 July. There is still a segment of House Democrats that will never support USMCA regardless of its substance, but the agreement has likely gained support due to Donald Trump. When he threatened to quit NAFTA, there was increased appreciation for its positive contributions to the U.S. economy. Plus, his hard stance against immigration from Mexico and the increased importance of the Latino base to the Democratic Party has made support for USMCA...

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Market Commentary: CBOT Sees Mixed Monday on Risk-off Trade; Feeder Cattle Rally on Import Ban

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WPI Crop Progress and Conditions App (Updated 25 November)

Update for 1 April 2024: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...

Brooke Rollins: New Ag Secretary Pick

During the Presidential campaign, one topic on which Donad Trump was introspective was on his staff and cabinet appointments. He mentioned more than once on the campaign trail that getting the “right people” in jobs was one area in which he would focus the second time around. Typically Trump me...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Sees Mixed Monday on Risk-off Trade; Feeder Cattle Rally on Import Ban

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 25 November)

Update for 1 April 2024: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...

Brooke Rollins: New Ag Secretary Pick

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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