World Perspectives

USTR Nominee; Changing Eating Habits

USTR NomineeTariffs are President-Elect Trumps most repeated policy focus but his selection of the next U.S. Trade Representative came nearly last. At least Jamieson Greer is a somewhat known quantity. World Trade Online says, “Stakeholders see what they want to see in Greer as USTR.” Having served as chief of staff to former USTR Robert Lighthizer, he is a believer in the Trump framing of U.S. trade relations around the world. U.S. agriculture will be signaling don’t hurt us, protect us from unfair trade practices, and open new opportunities for us in other countries. Mr. Trump himself echoed these goals in his announcement, saying the nominee will reign in “the Country’s massive Trade Deficit,” which USDA this week said would be -$45...

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The Strange Effects of Screwworm

For the first six months of 2025, cattle imports from Mexico are down 73.1 percent due to restrictions from the discovery of New World Screwworm (NWS) in Mexico. From January to July 2024 there were 853,976 head imported into the U.S. from Mexico, but in 2025 that volume over the same time peri...

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Summary of Futures

Dec 25 Corn closed at $4.13/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, up $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.065/bushel, down $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $274.3/short ton, up $0.2 fro...

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Market Commentary: Turnaround Tuesday for Grains; Soybeans Sag; New Highs for Cattle

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Summary of Futures

Dec 25 Corn closed at $4.13/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, up $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.065/bushel, down $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $274.3/short ton, up $0.2 fro...

Worse Before Better; Tech Rescue; Value Added

Worse Before Better First China announced restrictions on rare earth exports, then President Trump announced 100 percent tariffs and software restrictions starting 1 November in retaliation, until he signaled everything was just a bad day. China then sanctioned a U.S. shipping subsidiary. Some...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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