Mexico’s Presidential election was held this weekend; the Mayor of Mexico City, Claudia Sheinbaum, won an overwhelming majority.
President-elect Sheinbaum will be Mexico’s first woman president (defeating another woman candidate, Xochitl Galvez, who came in second) and inherited the mantle of outgoing President Andres Manuel Lopez Obrador (AMLO) and their left positioned Morena Party which AMLO founded. Sheinbaum was a party activist since 2014 before being elected as mayor, and AMLO was her mentor. It was a realignment election; AMLO was Mexico’s first president from a leftist party. After the elections, Morena and two allied parties – the Workers Party and the Green Party - picked up majorities in t...
We at WPI hear frequently that U.S. agriculture is broken and needs fixing. This argument is often heard in MAHA-related discussions and focuses on highly processed food consumption or the overuse of pesticides and chemical fertilizers. Among farmers and food processors, however, especially tho...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
There was heavy volume exiting soybeans, which dragged down the broader market today. The lack of a specific Chinese buying commitment for soybeans undermined speculators who had placed bets on state-directed trade. But even the Chinese do not totally ignore market fundamentals. They may still...
On Tuesday, 12 May, WPI reported on an Executive Order being prepared by the Trump Administration to suspend tariff rate quotas (TRQs) on beef from all exporters for 200 days as a means of addressing high beef prices in the United States. After considerable pushback from cattle producer groups,...
