World Perspectives

Misdirected Fire; Over-Capacity

Misdirected FireThe Kamala Harris campaign is frustrated that the economy is hot, inflation has dissipated to just 2.4 percent, and yet voters are not feeling it. Politicians learned long ago to never tell the voters they are wrong and have misperceptions. Consequently, she has been acknowledging that prices “are still too high” and vows to lower prices. She affirms there misperceptions including blaming high food prices, despite their return to normalcy. Grocery store prices have barely moved over the past year, and yet the latest Gallup poll shows that the favorability rating for grocery stores in 2024 fell to just 33 percent. The favorability rating for restaurants also fell but is still nearly 60 percent better than for grocery sto...

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Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close.  Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close.  Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close.  Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...

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Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies

The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...

Crunch Time; Miscellaneous

Crunch Time The “Big Beautiful Bill” providing the tax cut extensions sought by President Trump is supposed to be passed by the U.S. House by Memorial Day. The President told House Republicans today that they should not cut Medicaid, and they should not raise the cap on deducting st...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies

The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...

Crunch Time; Miscellaneous

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livestock

Red Meat Exports

In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the las...

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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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