World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Tariff Whiplash

News of President Trump’s tariffs against China, Mexico, and Canada drove the agricultural and macroeconomic markets on Monday with seemingly every tick, dip, and rally stemming from political factors. Over the weekend, President Trump announced 10 percent tariffs on Chinese goods as well as 25 percent tariffs on goods from Canada (except energy, which is taxed at 10 percent) and Mexico. Canada responded with an equal, 25 percent tariff on 1,500 products from the U.S. That news sent ag and macroeconomic markets sharply lower when they opened, though a tentative truce between the U.S. and Mexico helped the market recover around mid-morning. Mexico and the U.S. both agreed to measures to fight fentanyl trafficking and illegal migration...

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feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rises on Tariff Relief; Cattle Selloff Extends to Second Day

Markets were encouraged by the fact both Canada and Mexico were able to secure 30-day delays on Trump’s tariff plans, which offers hope the duties are indeed a negotiating tactic rather than a steadfast policy platform. The big issue remains the 10 percent tariff on Chinese goods, and Chi...

Unbridled Confidence; Good Governance

Unbridled Confidence As President Trump’s tariffs were about to go into effect on Canada and Mexico, a farmer representative gave assurance that they would not go into effect. He was confident that there would be a deal. Now the January Purdue University/CME Group Ag Economy Barometer on...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.945/bushel, up $0.0575 from yesterday's close.  Mar 25 Wheat closed at $5.77/bushel, up $0.1025 from yesterday's close.  Mar 25 Soybeans closed at $10.75/bushel, up $0.1675 from yesterday's close.  Mar 25 Soymeal closed at $314/short ton, up $10.3 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rises on Tariff Relief; Cattle Selloff Extends to Second Day

Markets were encouraged by the fact both Canada and Mexico were able to secure 30-day delays on Trump’s tariff plans, which offers hope the duties are indeed a negotiating tactic rather than a steadfast policy platform. The big issue remains the 10 percent tariff on Chinese goods, and Chi...

Unbridled Confidence; Good Governance

Unbridled Confidence As President Trump’s tariffs were about to go into effect on Canada and Mexico, a farmer representative gave assurance that they would not go into effect. He was confident that there would be a deal. Now the January Purdue University/CME Group Ag Economy Barometer on...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.945/bushel, up $0.0575 from yesterday's close.  Mar 25 Wheat closed at $5.77/bushel, up $0.1025 from yesterday's close.  Mar 25 Soybeans closed at $10.75/bushel, up $0.1675 from yesterday's close.  Mar 25 Soymeal closed at $314/short ton, up $10.3 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Turkey’s monthly inflation rate increased by 5.03 percent in January while the 12-month inflation rate stood at 42.12 percent. Turkey’s inflation rate dropped significantly from the 75 percent rate in May 2024. Lebanon...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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