World Perspectives
feed-grains soy-oilseeds wheat

NAFTA 2.0 or NAFTA 0.0?

We old-timers who have been involved in the grain business for many years (yes, there are a few of us left) have witnessed the benefits of trade first hand. For at least the last 60-plus years, exports of U.S. grain, soybeans and soy products have been a key fundamental factor in the balance between U.S. supplies and demand that determines their value. Whether exports are the most important factor in finding value may be debatable, but we would argue that they have been as critical in this regard over the long term as any other source of demand. Given this experience, the benefits to the U.S. of free trade unfettered by barriers seem crystal clear. In our view, support for free trade should be a “no-brainer.” Thus, we are surpr...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: China Headlines and Technical Buying Lift CBOT

Key Market Developments Markets head into Friday’s CPI report expecting a 0.3 percent month-over-month increase in both headline and core inflation, keeping year-over-year readings near +2.5 percent. That matters — but perhaps not as much as it would have a few weeks ago. This week&...

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livestock

Livestock Round Up: Cattle Margins and Distribution

The recent February World Agricultural Supply and Demand Estimates (WASDE) report forecast beef production to increase in 2026 due to greater slaughter of steers and heifers, increased cow slaughter, and heavier dressed weights, all of which will provide some relief to the beef market. Also, th...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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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