World Perspectives

Section 301 Measures Will Fail to Make America Great Again

The U.S. grain export industry – and the transportation sector broadly – are increasingly concerned about the USTR’s proposed Section 301 measures in connection to the “Investigation of China's Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance”. The proposed action promises massive fees to be applied to Chinese-built vessels docking in U.S. ports. The proposal has several conceptual flaws and will likely inflict costs on U.S. consumers and producers. Further, the measure will likely act as a taxpayer-funded subsidy to the South Korean and Japanese shipbuilding sectors and South American and Black Sea grain industries. The White House’s newly proposed Office of Shipbuilding also...

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feed-grains soy-oilseeds wheat

Market Commentary: Pushing Toward New Lows on Bearish Supplies

There was higher volume today trading corn and hogs, and lower volume in the soy complex and SRW.  New contract lows were printed for corn, SRW, and HRW.  Yesterday’s crop progress report reflected potentially stellar crops and yield estimates from private analysts continue to p...

Infuriating Ingratiation; Soul Crushing Jobs

Infuriating Ingratiation Based on European press reports, the terms of the transatlantic trade deal (see Tariffs as a Tax) are less objectionable than the “humiliation” of “submission” to the U.S. But that is just Europe being its usual “bantie rooster.” ...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.02/bushel, down $0.05 from yesterday's close.  Sep 25 Wheat closed at $5.0825/bushel, down $0.085 from yesterday's close.  Nov 25 Soybeans closed at $9.9075/bushel, down $0.0375 from yesterday's close.  Dec 25 Soymeal closed at $284.9/short ton, down $0.1...

feed-grains soy-oilseeds wheat

Market Commentary: Pushing Toward New Lows on Bearish Supplies

There was higher volume today trading corn and hogs, and lower volume in the soy complex and SRW.  New contract lows were printed for corn, SRW, and HRW.  Yesterday’s crop progress report reflected potentially stellar crops and yield estimates from private analysts continue to p...

Infuriating Ingratiation; Soul Crushing Jobs

Infuriating Ingratiation Based on European press reports, the terms of the transatlantic trade deal (see Tariffs as a Tax) are less objectionable than the “humiliation” of “submission” to the U.S. But that is just Europe being its usual “bantie rooster.” ...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.02/bushel, down $0.05 from yesterday's close.  Sep 25 Wheat closed at $5.0825/bushel, down $0.085 from yesterday's close.  Nov 25 Soybeans closed at $9.9075/bushel, down $0.0375 from yesterday's close.  Dec 25 Soymeal closed at $284.9/short ton, down $0.1...

Snacking Turmoil

There are a lot of issues working against the snack world right now from tariffs to cocoa and sugar prices, to the Make America Healthy Again (MAHA) ban on dyes and artificial colors.  Let’s take a look. First, there is the ongoing volatility of cocoa prices. Prices have been in an a...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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