World Perspectives

Summer Supply Destruction; Bilking Consumers; Chinese Gambling; Beef with Beef

Summer Supply Destruction The nomination of Andrew Wheeler to become the EPA administrator is being held hostage by a bipartisan and powerful group of senators unless the agency quickly approves summertime use of E15 ethanol blended fuel. The EPA initially blamed the government shutdown for slowing publication of the proposed rule, which it has now combined with language intended to curb biofuel credit speculation. USDA’s leadership is suggesting “discretionary enforcement,” meaning the use of E15 would not be punished if the EPA is delayed in finalizing the rule. This means that reducing the supply overhang in the corn market can now be anticipated. Presumably, this same group of farm state legislators will eventually en...

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Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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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