World Perspectives
equities

What Has QE Wrought?

There has been a lot of commentary about the Fed hinting at phasing down quantitative easing (QE) since last week, when the Fed acknowledged it may be considering doing just that sometime next year. The general commentary is that money was too easy, and now the Fed will put on the brakes and tamper down growth. However, to come to such a conclusion, one would have to believe that QE was effective and money was easy. A quick look back at the last decade, five before the Fed started easing in 2008 and five after, shows two different stories.First, QE did dramatically increase the monetary base -- the most liquid currencies. The monetary base includes currency in the hands of the public and the commercial bank deposits in the central bank's re...

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Summary of Futures

Mar 26 Corn closed at $4.4375/bushel, down $0.0075 from yesterday's close.  Mar 26 Wheat closed at $5.0975/bushel, up $0.02 from yesterday's close.  Jan 26 Soybeans closed at $10.4925/bushel, down $0.03 from yesterday's close.  Jan 26 Soymeal closed at $297.6/short ton, down $0.8...

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Cattle on Feed Report: Record Low Placements, Second Lowest Marketings

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4375/bushel, down $0.0075 from yesterday's close.  Mar 26 Wheat closed at $5.0975/bushel, up $0.02 from yesterday's close.  Jan 26 Soybeans closed at $10.4925/bushel, down $0.03 from yesterday's close.  Jan 26 Soymeal closed at $297.6/short ton, down $0.8...

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It’s Official, Cow-Calf Profits Hit Record for 2025

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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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