World Perspectives

WTF Trade Policy; Transatlanticism

WTF Trade Policy USTR Katherine Tai spoke to other leaders at the World Economic Forum this week and made the following comments: Rather than seeking a return to the pre-pandemic global trading system, the goal should be to create a better one that reflects President Biden’s “worker-centric” trade policy. I think that it is time for us to acknowledge that our goal really shouldn't be to try to go back to the way the world was, say in 2019, but to take lessons, very hard-earned lessons, very painful lessons that we have experienced over the past two years and take this opportunity to build toward something that is different and better.  This really is an opportunity and a time to think and act boldly. A global w...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1225/bushel, up $0.0125 from yesterday's close.  Sep 25 Wheat closed at $5.2375/bushel, down $0.06 from yesterday's close.  Nov 25 Soybeans closed at $9.9575/bushel, down $0.1375 from yesterday's close.  Dec 25 Soymeal closed at $274.5/short ton, down $2...

FOB Prices and Freight Rates App (Updated 30 July)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.11/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.2975/bushel, down $0.0875 from yesterday's close.  Nov 25 Soybeans closed at $10.095/bushel, down $0.02 from yesterday's close.  Dec 25 Soymeal closed at $276.5/short ton, down $2.8...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1225/bushel, up $0.0125 from yesterday's close.  Sep 25 Wheat closed at $5.2375/bushel, down $0.06 from yesterday's close.  Nov 25 Soybeans closed at $9.9575/bushel, down $0.1375 from yesterday's close.  Dec 25 Soymeal closed at $274.5/short ton, down $2...

FOB Prices and Freight Rates App (Updated 30 July)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.11/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.2975/bushel, down $0.0875 from yesterday's close.  Nov 25 Soybeans closed at $10.095/bushel, down $0.02 from yesterday's close.  Dec 25 Soymeal closed at $276.5/short ton, down $2.8...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Sinks Grain Bull Hopes; Cattle Hit All-Time Highs

The theme for this week’s grain markets seems to be that of favorable weather, big crops, and increasingly bearish sentiment. That was certainly the case Tuesday, as corn, soybeans, soymeal, and wheat all sold off amid fund and commercial selling. Several markets/contracts hit new contrac...

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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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