World Perspectives

New Leadership for Congressional Energy Committees

With the retirement from Congress of House Energy and Commerce (HEC) Committee chair Cathy McMorris Rogers (R-WA), the gavel was up for grabs in what is arguably the most powerful committee in the House. The third and fourth ranking Republicans, Representatives Bob Latta of Ohio and Brett Guthrie of Kentucky, squared off to lead the panel, with Gutherie winning the backing of the House Republican Steering Committee yesterday. The next step to Guthrie’s ascension is for the full conference to ratify the Steering Committee’s choice, which typically is a formality.The HEC Committee is the oldest standing legislative committee in the House of Representatives and its broad jurisdiction – which includes health care (Guthrie is the chair of the he...

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Market Commentary: Soybeans Surge as Trumps Says China in for Another 8 MMT

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Herrington Becomes President of World Perspectives, Inc.

Washington, DC—World Perspectives, Inc. (WPI) is a leading agricultural market analysis and consulting firm making a leadership transition marking an important milestone in the firm’s development. After years of distinguished service as President & CEO, Gary Blumenthal has stepp...

Disingenuous Ag Letter

Leaders of the U.S. House and Senate Agriculture Committees received a letter (See Attached) yesterday from more than two dozen “former” private sector leaders of the American agriculture sector. Many previously represented farmers who have been staunch supporters of President Trump...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Surge as Trumps Says China in for Another 8 MMT

There are days in the commodity markets when it feels like nothing is happening in any market, and then there are days when it feels like everything is happening in every market. Today was one of the latter days.  The big headline in ag trade Wednesday was the soybean futures and broader s...

Herrington Becomes President of World Perspectives, Inc.

Washington, DC—World Perspectives, Inc. (WPI) is a leading agricultural market analysis and consulting firm making a leadership transition marking an important milestone in the firm’s development. After years of distinguished service as President & CEO, Gary Blumenthal has stepp...

Disingenuous Ag Letter

Leaders of the U.S. House and Senate Agriculture Committees received a letter (See Attached) yesterday from more than two dozen “former” private sector leaders of the American agriculture sector. Many previously represented farmers who have been staunch supporters of President Trump...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.295/bushel, up $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2675/bushel, down $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.9225/bushel, up $0.265 from yesterday's close.  Mar 26 Soymeal closed at $296.2/short ton, up $4.3 from...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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