World Perspectives

Undermining Justice; Slothful Process; Oilseed Apartheid

Undermining Justice The U.S. Justice Department announced it was dismissing two more price fixing cases against poultry companies. This follows two other cases dismissed last month, and not guilty verdicts by jury against five other defendants that constituted the agency’s third failed attempt to prosecute them. It is a miserable record. The agency said it is ending the latest cases “in an effort to conserve the resources of the Court, the parties, and the public.” The Biden Administration has made clear that it sees anticompetitive practices by agribusiness, and it is pursuing legal actions against the industry. It falsely blames companies for inflation and is clearly chasing ghosts. Worse, it is undermining confidence i...

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FOB Prices and Freight Rates App (Updated 14 March)

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CONAB Forecasts Record Soybean Production

Brazilian soybean farmers will reap an even bigger crop in the 2024/25 season than previously expected, according to forecasts released by the Brazilian crop agency CONAB yesterday.   Brazil's soybean crop, which farmers are harvesting now, is expected to total 167.37 MMT, about 1.3 M...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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