World Perspectives

Obrador Doubles Down; NGT’s Moving Forward; Tyranny of the Small Minded

Obrador Doubles Down President Andres Manuel Lopez Obrador is compelling Mexican tortilla makers to only use non-GMO white corn. He said he will impose tariffs on imported white corn to ensure that corn is only sourced from domestic producers. The move implies concern that Mexico will lose a trade dispute case filed by the U.S. and Canada against his proposed ban on GMO corn imports. However, the tariffs will also be a violation of the USMCA and will ultimately result in retaliation against Mexican exports. Unless the tariff is also applied to processed product, the U.S. could become a major supplier of tortillas to Mexico.  NGT’s Move Forward The EU Commission will reportedly issue its proposed new rule on non-transgenic gene...

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Mar 26 Corn closed at $4.365/bushel, down $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.095/bushel, down $0.1125 from yesterday's close.  Jan 26 Soybeans closed at $10.6275/bushel, down $0.09 from yesterday's close.  Jan 26 Soymeal closed at $302.4/short ton, down $1...

feed-grains soy-oilseeds wheat

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Bearish Sugar Prices to Continue Despite Production Increases

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Summary of Futures

Mar 26 Corn closed at $4.365/bushel, down $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.095/bushel, down $0.1125 from yesterday's close.  Jan 26 Soybeans closed at $10.6275/bushel, down $0.09 from yesterday's close.  Jan 26 Soymeal closed at $302.4/short ton, down $1...

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Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...

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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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