World Perspectives
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Not so Sweet; Not so Green

Not so Sweet The WTO last month sided with Australia, Brazil, and Guatemala that India’s sugar subsidies were distorting and illegal. India has appealed the ruling knowing that the WTO’s Appellate Panel is non-functioning, thus putting the case in limbo. However, Brazil intends to retaliate anyways, which could be challenged by New Delhi, then go to appeal by Brasilia, and thus ending in its own limbo with India’s subsidies plus Brazil's retaliation both intact.   Green Finance Gary Gensler is the former chair of the Commodity Futures Trading Commission and now chairs the Securities and Exchange Commission. He is expected to impose a new requirement that publicly traded companies must quantify and report on...

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New Bridge Payments Restore Profitability

On 31 December the USDA announced the per acre payment rates for the Farmer Bridge Assistance (FBA) program for producers hit by the ongoing tariffs.  Cotton and rice will receive the highest payments. On 15 December WPI estimated the upcoming payments, with cotton and rice at the top of t...

Happy New Year!

The WPI team extends our best wishes to you and your families for a healthy and happy New Year. Thank you for your faithful readership, we are looking forward to serving you in 2026!  Please note that our next report will be issued on Friday, 2 January as the U.S. markets are closed for th...

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feed-grains soy-oilseeds wheat

New Bridge Payments Restore Profitability

On 31 December the USDA announced the per acre payment rates for the Farmer Bridge Assistance (FBA) program for producers hit by the ongoing tariffs.  Cotton and rice will receive the highest payments. On 15 December WPI estimated the upcoming payments, with cotton and rice at the top of t...

Happy New Year!

The WPI team extends our best wishes to you and your families for a healthy and happy New Year. Thank you for your faithful readership, we are looking forward to serving you in 2026!  Please note that our next report will be issued on Friday, 2 January as the U.S. markets are closed for th...

feed-grains soy-oilseeds wheat

Market Commentary: January WASDE is the Future

The pre-holiday risk-off, profit-taking mode continued on the last trading day of 2025. Traders closed out the calendar year with the expected low-level enthusiasm. Positions were tidied up with few fresh inputs as the past is the past and the future is now the USDA January WASDE report. ...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4025/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.07/bushel, down $0.0375 from yesterday's close.  Mar 26 Soybeans closed at $10.475/bushel, down $0.1475 from yesterday's close.  Mar 26 Soymeal closed at $299.4/short ton, down $...

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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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