World Perspectives

Tariff War Patience; Self-Sufficiency; Reciprocal Treatment

Tariff War Patience The latest Purdue University-CME Group Ag Economy Barometer survey of farmers fell 12 points or nearly 8 percent on concerns about the trade war’s impact on export markets. Surveys indicate that the American public expects tariffs to raise their cost of living. They also show that at least a portion of the public is willing to give President Trump some time (undefined) to see if his trade policy brings to fruition the benefits he has promised. Still, the public can be finicky.   Perseverance in the trade war will be easier for China, where the government controls the information flow and the pubic is steeped in the history of oppression by the West, from the Opium Wars of the 19th century to America&rsquo...

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Market Commentary: Sell The Fact Trade Drives Turnaround Tuesday

The big news in commodity markets Tuesday was USDA’s confirmation that China purchased nearly 800 KMT of soybeans from the U.S. on Monday. That news was corroborated by news stories saying China booked over 20 cargoes from the PNW and Gulf with basis levels rising in both locations as if...

AI Beats Techphobia; Copout 30; Regional Competition

AI Beats Techphobia Germany and France are now seeking delays in implementing the EU’s AI Act and its effort to restrain high-risk artificial intelligence systems. Fear of being left behind prompted French President Emmanuel Macron to argue it is necessary “to use this time in order...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3675/bushel, up $0.02 from yesterday's close.  Mar 26 Wheat closed at $5.59/bushel, up $0.005 from yesterday's close.  Jan 26 Soybeans closed at $11.535/bushel, down $0.0375 from yesterday's close.  Dec 25 Soymeal closed at $327/short ton, down $3.8 from...

feed-grains soy-oilseeds wheat

Market Commentary: Sell The Fact Trade Drives Turnaround Tuesday

The big news in commodity markets Tuesday was USDA’s confirmation that China purchased nearly 800 KMT of soybeans from the U.S. on Monday. That news was corroborated by news stories saying China booked over 20 cargoes from the PNW and Gulf with basis levels rising in both locations as if...

AI Beats Techphobia; Copout 30; Regional Competition

AI Beats Techphobia Germany and France are now seeking delays in implementing the EU’s AI Act and its effort to restrain high-risk artificial intelligence systems. Fear of being left behind prompted French President Emmanuel Macron to argue it is necessary “to use this time in order...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3675/bushel, up $0.02 from yesterday's close.  Mar 26 Wheat closed at $5.59/bushel, up $0.005 from yesterday's close.  Jan 26 Soybeans closed at $11.535/bushel, down $0.0375 from yesterday's close.  Dec 25 Soymeal closed at $327/short ton, down $3.8 from...

Stage Two of SDRP Announced

Now that the government has re-opened, the USDA announced yesterday that starting on 24 November producers can enroll in the second wave of the Supplemental Disaster Relief Program (SDRP). The program covers eligible commodities that did not fall under the first application process. SDRP was ap...

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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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