World Perspectives

“Healthy” Food Slows Ag Approps

Last Friday, WPI reported on the status of the appropriations process; Congress has until Friday of this week to pass four appropriations bills, including the one funding agriculture and other agencies. If funding lapses, agencies like USDA will be unable to open on Monday 4 March. House Speaker Mike Johnson (R-Louisiana) wants to avoid a shutdown but finds yet another stopgap continuing resolution bill politically unpalatable.  One of the remaining hurdles for the agriculture appropriations bill is the creation of a “healthy food” program under SNAP. This has been a proposal coming from Republicans for most of the year, while generally opposed by Democrats. The latest version of the idea is from appropriations subcommitte...

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Market Commentary: Year End Rally in Corn and Beans

The day’s trading started out hum and glum. Corn and soybean contracts moved modestly like their overnight closes and stayed marginal for most of the day. Soyoil was continuing its recent mostly negative run. Wheat never went anywhere important, high or low.  Then there was a breakout late...

Happy New Year from WPI

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Summary of Futures

Mar 25 Corn closed at $4.585/bushel, up $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.515/bushel, up $0.0325 from yesterday's close. Mar 25 Soybeans closed at $10.105/bushel, up $0.1875 from yesterday's close. Mar 25 Soymeal closed at $316.9/short ton, up $5.1 from ye...

feed-grains soy-oilseeds wheat

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The day’s trading started out hum and glum. Corn and soybean contracts moved modestly like their overnight closes and stayed marginal for most of the day. Soyoil was continuing its recent mostly negative run. Wheat never went anywhere important, high or low.  Then there was a breakout late...

Happy New Year from WPI

The WPI team extends our best wishes to you and your families for a healthy and happy New Year. Thank you for your faithful readership, we are looking forward to serving you in the New Year! Please note that our next report will be issued Thursday, 2 January as the U.S. markets are closed...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.585/bushel, up $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.515/bushel, up $0.0325 from yesterday's close. Mar 25 Soybeans closed at $10.105/bushel, up $0.1875 from yesterday's close. Mar 25 Soymeal closed at $316.9/short ton, up $5.1 from ye...

Death of Ag Bidenomics; China 2025; Import Sensitivity

Death of Ag BidenomicsMuch has been written about Bidenomics. Its fans bemoan that the data is good, but the voters failed to appreciate that specific messaging; critics ridicule the policies for waste and misdirection. Bidenomics mostly doesn’t matter in agriculture where cyclicality is the dr...

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Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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