World Perspectives

President’s Budget Proposal Kicks Off Broken Fiscal Process

The president released his proposed FY 2020 budget today. It provides another salvo in the border wall fight along with about $27 billion in cuts for USDA and farm bill programs as well as a boost of nearly $3 billion via inspection user fees for USDA agencies. The House and Senate Budget Committees will hold hearings on the president’s plan this Tuesday and Wednesday, respectively. The president is required by law (Congressional Budget Act of 1974) to submit a budget proposal to Congress. However, it is only a request and an early step that typically initiates a very small skirmish in a long process culminating in actual appropriations bills. In the past 20 years, those bills have often been rolled into large omnibus packages or, mo...

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Market Commentary: China Headlines and Technical Buying Lift CBOT

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Market Commentary: China Headlines and Technical Buying Lift CBOT

Key Market Developments Markets head into Friday’s CPI report expecting a 0.3 percent month-over-month increase in both headline and core inflation, keeping year-over-year readings near +2.5 percent. That matters — but perhaps not as much as it would have a few weeks ago. This week&...

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The recent February World Agricultural Supply and Demand Estimates (WASDE) report forecast beef production to increase in 2026 due to greater slaughter of steers and heifers, increased cow slaughter, and heavier dressed weights, all of which will provide some relief to the beef market. Also, th...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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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