World Perspectives

Politics of Tariffs; Tariffs as a Tax

Politics of Tariffs The U.S. Court of Appeals for the Federal Circuit in Washington heard legal arguments last week regarding Donald Trump’s use of the International Emergency Economic Powers Act (IEEPA) to circumvent Congress’s power to levy tariffs. The reported reaction of the court was skepticism as to its legality – and in unusual cases like this, skepticism is a weightier indicator of outcome. If there is a loss, there will be an appeal to the Supreme Court, and the President may game the situation with other legal authorities much the way President Biden tried with student loan forgiveness. Democrats warn that a Trump win will inform their own Party’s actions the next time they possess the White House. Their &...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.07/bushel, down $0.0375 from yesterday's close.  Sep 25 Wheat closed at $5.1675/bushel, up $0 from yesterday's close.  Nov 25 Soybeans closed at $9.945/bushel, up $0.0525 from yesterday's close.  Dec 25 Soymeal closed at $285/short ton, up $4.5 from yeste...

feed-grains soy-oilseeds wheat

Market Commentary: Steady Eddie Back to Work

It was a contrast of a mostly higher day but with new contract lows for corn and all three wheats. Corn wilted from private forecasts of big yields, and expectations of good crop conditions in contrast with slowed export inspections.  It was mostly steady on the first day of a new week wit...

USDA Reorganization

USDA has opened a comment period on its agency reorganization plan. Comments will be accepted until 26 August. The plan is similar to that of the first Trump Administration, which was widely panned by USDA personnel. One of the primary goals is to move employees out of the high-cost Washington,...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.07/bushel, down $0.0375 from yesterday's close.  Sep 25 Wheat closed at $5.1675/bushel, up $0 from yesterday's close.  Nov 25 Soybeans closed at $9.945/bushel, up $0.0525 from yesterday's close.  Dec 25 Soymeal closed at $285/short ton, up $4.5 from yeste...

feed-grains soy-oilseeds wheat

Market Commentary: Steady Eddie Back to Work

It was a contrast of a mostly higher day but with new contract lows for corn and all three wheats. Corn wilted from private forecasts of big yields, and expectations of good crop conditions in contrast with slowed export inspections.  It was mostly steady on the first day of a new week wit...

USDA Reorganization

USDA has opened a comment period on its agency reorganization plan. Comments will be accepted until 26 August. The plan is similar to that of the first Trump Administration, which was widely panned by USDA personnel. One of the primary goals is to move employees out of the high-cost Washington,...

feed-grains soy-oilseeds wheat

Market Commentary: Continued Edging Lower on Big Supplies

It was a mixed and quiet close to the market after a week of mostly price declines. There were new contract lows scored by front month SRW and HRS. Soybean traders didn’t know where to take their positions and so they left the September and November contracts both unchanged. Outside marke...

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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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