World Perspectives

Limits of Monetary Policy; Going for Mr./Ms. Big

Limits of Monetary Policy Progressives in the U.S. House of Representatives led by the Squad’s Rep. Alexandria Ocasio-Cortez (D-New York) are proving how little they understand about economics. Their latest demand is that President Biden replace Federal Reserve Bank Chairman Jerome Powell with someone that will focus on eliminating climate risk and advancing racial and economic justice. Fortunately, the House plays no role in confirming the next chairman but sadly the demand reflects a problematic viewpoint. The role of the Federal Reserve is to conduct national monetary policy, supervise and regulate banks, maintain financial stability, and ensure banking services. The role of the Congress is address national policy issues such as t...

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Summary of Futures

Mar 26 Corn closed at $4.365/bushel, down $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.095/bushel, down $0.1125 from yesterday's close.  Jan 26 Soybeans closed at $10.6275/bushel, down $0.09 from yesterday's close.  Jan 26 Soymeal closed at $302.4/short ton, down $1...

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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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