World Perspectives

New Paradigm for Regulatory Policy?

On 28 June, the Supreme Court issued its decision in Loper Bright Enterprises v. Raimondo (Secretary of Commerce) case, which could have significant impacts on federal regulatory policy moving forward as it overruled the so-called “Chevron deference” in place for the past 40 years. At issue is regulatory agencies’ limits on interpreting Congressional and statutory intent. Specifically, the case was brought under the 1976 Magnuson-Stevens Fishery Conservation and Management Act (FCMA). That statute authorizes standards for fishing off the coast of the United States. To ensure that those standards are followed, vessels may be required to carry an “observer” who monitors their fishing activity, and absorb the cos...

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Market Commentary: Invigorating Week and Now a Candy High

Chicago futures remained hopeful in the wake of this week’s U.S.-China trade agreement. Bears are quick to note that an agreement and sales are two very different animals. U.S. soybean exporters will still face a 13 percent tariff into China and there are no clear penalties should China m...

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The Outlook for U.S., South American, and Chinese Soy Crush Margins

CBOT board soybean crush margins have recently compressed due to the run-up in soybean prices and weakness in soyoil values. The January board crush fell from its recent high of 155.75 cents/bu on 17 October to 140.75 as of this writing, a decrease of about 10 percent. This week’s sudden...

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Winner, Winner Chicken Dinner

Inflation pressure has added tailwinds for the chicken sector. Food service operators have experienced lower traffic and have therefore resorted to promotions to attract customers, mainly featuring chicken. Restaurant traffic declined 2 percent in September, and 30 percent of commercial foodser...

feed-grains soy-oilseeds wheat

Market Commentary: Invigorating Week and Now a Candy High

Chicago futures remained hopeful in the wake of this week’s U.S.-China trade agreement. Bears are quick to note that an agreement and sales are two very different animals. U.S. soybean exporters will still face a 13 percent tariff into China and there are no clear penalties should China m...

soy-oilseeds

The Outlook for U.S., South American, and Chinese Soy Crush Margins

CBOT board soybean crush margins have recently compressed due to the run-up in soybean prices and weakness in soyoil values. The January board crush fell from its recent high of 155.75 cents/bu on 17 October to 140.75 as of this writing, a decrease of about 10 percent. This week’s sudden...

livestock

Winner, Winner Chicken Dinner

Inflation pressure has added tailwinds for the chicken sector. Food service operators have experienced lower traffic and have therefore resorted to promotions to attract customers, mainly featuring chicken. Restaurant traffic declined 2 percent in September, and 30 percent of commercial foodser...

WPI Grain Transportation Report

Dry bulk markets were quiet and mostly flat last week. Spot rates softened a little bit as vessel owners threw in the towel on waiting for improved demand. Most hopes for any recovery in rates now rests on the new U.S.-China trade deal.  After the positive meeting between Presidents Xi and...

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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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