World Perspectives

Technology Ignores Regulators; Two Records in One Year

Technology Ignores Regulators Perhaps as expected, EU member states failed to agree to the latest compromise language on allowing the development of new genomic techniques. Meanwhile, researchers at the University of Sydney have developed a gene editing tool, seekRNA, that could provide higher accuracy and flexibility than CRISPR. A similar dynamic will play out in AI where governments will seek to control it, and especially delay its progress in competing countries, but progress does not wait for politicians. Two Records in One Year U.S. net farm income (adjusted for inflation) will drop to $116.1 billion in 2024, the largest single year percentage drop in income ever. The U.S. agricultural trade deficit will top a record $32 billion.&n...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipment for December 6-12, 2024.Wheat: Net sales of 457,900 metric tons (MT) for 2024/2025 were up 58 percent from the previous week and 16 percent from the prior 4-week average. Export shipments of 405,700 MT were up noticeably from the previous week and up 49 percent from th...

feed-grains soy-oilseeds wheat

Market Commentary: Soy Complex Posts Reversal; Wheat Hits New Lows as Dollar Surges

The CBOT reversed much of its recent weakness on Thursday with technical trade and “bottom picking” emerging in the soy complex. The soy complex was not oversold technically, but with values sitting on or near major support levels, many traders figured this was the time to take short risk off t...

Farm Aid Revived; New Economy versus Old; UPF Discussion

Farm Aid RevivedThe latest Monthly Monitor of agricultural economists showed that 56 percent believe the sector is already in a recession and a whopping 81 percent believe it is on the brink of a recession. The government’s stopgap bill to keep the government funded through March included $10 b...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipment for December 6-12, 2024.Wheat: Net sales of 457,900 metric tons (MT) for 2024/2025 were up 58 percent from the previous week and 16 percent from the prior 4-week average. Export shipments of 405,700 MT were up noticeably from the previous week and up 49 percent from th...

feed-grains soy-oilseeds wheat

Market Commentary: Soy Complex Posts Reversal; Wheat Hits New Lows as Dollar Surges

The CBOT reversed much of its recent weakness on Thursday with technical trade and “bottom picking” emerging in the soy complex. The soy complex was not oversold technically, but with values sitting on or near major support levels, many traders figured this was the time to take short risk off t...

Farm Aid Revived; New Economy versus Old; UPF Discussion

Farm Aid RevivedThe latest Monthly Monitor of agricultural economists showed that 56 percent believe the sector is already in a recession and a whopping 81 percent believe it is on the brink of a recession. The government’s stopgap bill to keep the government funded through March included $10 b...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.4075/bushel, up $0.035 from yesterday's close. Mar 25 Wheat closed at $5.33/bushel, down $0.0825 from yesterday's close. Jan 25 Soybeans closed at $9.63/bushel, up $0.1125 from yesterday's close. Mar 25 Soymeal closed at $291/short ton, up $4.9 from yeste...

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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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