World Perspectives

USMCA GMO Corn Panelists; Maritime Order

USMCA GMO Corn Panelists The U.S. and Mexico have agreed on the three jurists that will decide on Washington’s complaint about AMLO’s GMO corn ban. Hugo Perezcano Díaz is a former general counsel for international trade in Mexico’s Ministry of Economy. His work on investor-state dispute settlement cases may create some suspicions among American corn interests, but he is a defender of that approach to cross-border investments. He is also now deputy director of International Economic Law at CIGI, which produces peer-reviewed research in Canada. Christian Häberli has spent decades at the World Trade Institute in Switzerland where he has worked on scientific research including food safety. Jean Kalicki is an indep...

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Market Commentary: The Long-Run Draws Near

The CBOT markets were surprisingly insulated from a jump in crude oil that started the week. Crude oil futures rallied to $115/brl - their highest levels since the earliest days of the U.S.-Iran war - on rhetoric from the White House that signaled an escalation in the conflict. While the oil he...

Farmland Consolidation

Under the theory of economies of scale, the size of farms, like that of all industries, should increase over time due to improvements in productivity. Farmers themselves understand that the more land they farm, the greater their output and, thus, the larger their potential incomes. Government p...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.54/bushel, up $0.0175 from yesterday's close.  May 26 Wheat closed at $5.9525/bushel, down $0.03 from yesterday's close.  May 26 Soybeans closed at $11.6675/bushel, up $0.0325 from yesterday's close.  May 26 Soymeal closed at $316.6/short ton, up $1.4 fro...

feed-grains soy-oilseeds wheat

Market Commentary: The Long-Run Draws Near

The CBOT markets were surprisingly insulated from a jump in crude oil that started the week. Crude oil futures rallied to $115/brl - their highest levels since the earliest days of the U.S.-Iran war - on rhetoric from the White House that signaled an escalation in the conflict. While the oil he...

Farmland Consolidation

Under the theory of economies of scale, the size of farms, like that of all industries, should increase over time due to improvements in productivity. Farmers themselves understand that the more land they farm, the greater their output and, thus, the larger their potential incomes. Government p...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.54/bushel, up $0.0175 from yesterday's close.  May 26 Wheat closed at $5.9525/bushel, down $0.03 from yesterday's close.  May 26 Soybeans closed at $11.6675/bushel, up $0.0325 from yesterday's close.  May 26 Soymeal closed at $316.6/short ton, up $1.4 fro...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 6 April)

Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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