World Perspectives

Transitioning to Trump at USDA and in Congress

Monday is the Presidential Inaugural. This week has seen several Senate confirmation hearings on cabinet appointees.  Both the Republicans and Democrats, Trump transition team, and Congress are prepping for the new Administration which will show up to work on Tuesday morning.    USDA Subcabinet:  On 25 November, WPI wrote that Secretary of Agriculture nominee designate Brooke Rollins’ success as Secretary will “be aided by the sub-cabinet appointees that fill out the rest of USDA.” Three nominees for those posts were named yesterday. Much like the first Trump term, the pool of subcabinet appointees draws heavily from State Departments of Agriculture, and two of them would be making an encore appearance at USDA.The p...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.8425/bushel, up $0.0975 from yesterday's close. Mar 25 Wheat closed at $5.3875/bushel, up $0.0125 from yesterday's close. Mar 25 Soybeans closed at $10.34/bushel, up $0.15 from yesterday's close. Mar 25 Soymeal closed at $297.2/short ton, up $2.8 from yes...

feed-grains soy-oilseeds wheat

Market Commentary: Market Gets a Bounce Ahead of Long Weekend

Commodity markets retraced some of the losses from Thursday, ending higher on Friday but not necessarily for the week. Corn is on a roll, nearing heights not seen in more than a year, but even cattle lost some of their bullish glow this week.  01172025MC_weeklychange.png 22.13 KBA key vect...

Martin Luther King Holiday

Please note that Monday, 20 January is a U.S. federal holiday in honor of the remarkable achievements of Martin Luther King, Jr. As a result, both the markets and World Perspectives, Inc. are closed that day. The next Ag Perspectives report will be published on Tuesday, 21 January. ...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.8425/bushel, up $0.0975 from yesterday's close. Mar 25 Wheat closed at $5.3875/bushel, up $0.0125 from yesterday's close. Mar 25 Soybeans closed at $10.34/bushel, up $0.15 from yesterday's close. Mar 25 Soymeal closed at $297.2/short ton, up $2.8 from yes...

feed-grains soy-oilseeds wheat

Market Commentary: Market Gets a Bounce Ahead of Long Weekend

Commodity markets retraced some of the losses from Thursday, ending higher on Friday but not necessarily for the week. Corn is on a roll, nearing heights not seen in more than a year, but even cattle lost some of their bullish glow this week.  01172025MC_weeklychange.png 22.13 KBA key vect...

Martin Luther King Holiday

Please note that Monday, 20 January is a U.S. federal holiday in honor of the remarkable achievements of Martin Luther King, Jr. As a result, both the markets and World Perspectives, Inc. are closed that day. The next Ag Perspectives report will be published on Tuesday, 21 January. ...

Political Sillies

No Introspection: Joe Biden’s farewell address appears to have been written by a 25-year-old at the socialist leaning People’s Policy Project. He claims historic success but warns the country will become an oligarchic dystopia. He warned about a “dangerous concentration of power” amidst “very f...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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