World Perspectives
feed-grains livestock biofuel

Huge Day for Ag Policy

It was a huge day for agriculture policy in Washington today with three major developments: The House Agriculture Committee released the Chairman’s Mark draft of the 2018 Farm Bill. The Trans-Pacific Partnership (TPP) might be back on the negotiating table. President Trump is saying publicly that E15 approval is forthcoming.   Farm Bill Upon quick perusal, this draft includes some provisions of interest regarding livestock production. First, growers may continue to receive their loan deficiency payments (LDP) for wheat and barley or if they elect to instead cede that acreage for the grazing of livestock. Second, there is considerable funding for animal disease eradication efforts, including instructions to the secretary...

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

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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