World Perspectives

State Directed Meat; Living Space

State Directed MeatUSDA has been issuing loans and grants to startup livestock businesses with the goal of diversifying the industry, providing producers with more options, and lowering the price of meat. Now Pure Prairie Poultry of Minnesota, a beneficiary of $38.7 million in loan guarantees and $7 million in grant funding has declared bankruptcy. Congressional Republicans want to investigate the criteria for receiving funding, and USDA’s oversight of the use of such funds. USDA Secretary Tom Vilsack has responded by saying, it’s an “unusual circumstance, an unfortunate circumstance…We look at all of our loans, and a really, really small percentage of loans sometimes don’t make it … the default rate is very, very low.” The point the Republ...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Grains Gain as Dollar Falls; Soybeans Extend Rally on Acreage and Heat

The CBOT on Wednesday saw grains make a slight recovery and correction from Tuesday’s WASDE-induced selloff while the soybean market extended the bullish trade. Both corn and wheat pushed slightly higher for the day with concerns about heat in the Corn Belt supporting corn trade while whe...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $3.9725/bushel, up $0.0275 from yesterday's close.  Sep 25 Wheat closed at $5.0725/bushel, up $0.0225 from yesterday's close.  Nov 25 Soybeans closed at $10.4425/bushel, up $0.115 from yesterday's close.  Dec 25 Soymeal closed at $297.3/short ton, up $5.4 fr...

BRICS Unload; Pity the European Farmer; Policy Shorts

BRICS Unload President Trump has slow walked or balked at negotiating trade agreements with Brazil, India and South Africa. The supposed reasons include unfair treatment of Brazil’s Bolsonaro, India’s failure to open its market to U.S. farm goods while buying Russian oil, and South...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Gain as Dollar Falls; Soybeans Extend Rally on Acreage and Heat

The CBOT on Wednesday saw grains make a slight recovery and correction from Tuesday’s WASDE-induced selloff while the soybean market extended the bullish trade. Both corn and wheat pushed slightly higher for the day with concerns about heat in the Corn Belt supporting corn trade while whe...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $3.9725/bushel, up $0.0275 from yesterday's close.  Sep 25 Wheat closed at $5.0725/bushel, up $0.0225 from yesterday's close.  Nov 25 Soybeans closed at $10.4425/bushel, up $0.115 from yesterday's close.  Dec 25 Soymeal closed at $297.3/short ton, up $5.4 fr...

BRICS Unload; Pity the European Farmer; Policy Shorts

BRICS Unload President Trump has slow walked or balked at negotiating trade agreements with Brazil, India and South Africa. The supposed reasons include unfair treatment of Brazil’s Bolsonaro, India’s failure to open its market to U.S. farm goods while buying Russian oil, and South...

feed-grains soy-oilseeds wheat

Market Commentary: King Corn Flexes Dominance; Soybeans Rise on Acreage Data; Cattle Surge

The August WASDE is almost always a market-moving event for at least one commodity, and Tuesday’s report was no different. Tuesday’s trade started off with some trepidation after China increased the import duty on Canadian rapeseed to 75.8 percent, which caused canola futures to cra...

Image
From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up