World Perspectives

More Europe First; Taxing Ideas; Poor FTA Choice; “Unknown” and “May”

More Europe First The European Parliament will vote on a report from its agriculture committee that proposes subsidizing protein crops. Emphasized in the rationale is the transparent protectionist motive of import substitution. However, many of the other discussion points are also confounding. For example, its authors criticize soybean supplies from Brazil because of their environmental damage, but they propose allowing Europe’s subsidized protein crops to be grown in the ecological focus areas. The report also wants producers to use local, regional and on-farm crops, and it suggests more animals grazing on grass rather than eating soymeal. This prompted the European compound feed industry (FEFAC) to urge consideration of the nutriti...

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Dec 25 Corn closed at $4.415/bushel, up $0.0625 from yesterday's close.  Dec 25 Wheat closed at $5.3575/bushel, down $0.0025 from yesterday's close.  Jan 26 Soybeans closed at $11.47/bushel, up $0.1325 from yesterday's close.  Dec 25 Soymeal closed at $328.4/short ton, up $7.4 fr...

feed-grains soy-oilseeds wheat

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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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