World Perspectives

Big is Bad; Big is Uncertain; Texas is Big

Big is Bad President Joe Biden has a popular proposal, increase taxes on less than 800 billionaires in the U.S. If some people worry about politics for sale, it still takes votes. Sometimes that happens within a class. Divide and conquer. The EU’s proposed relaxation of GAEC production obligations doesn’t apply to small to medium sized operations. That means only 58 percent of production by a much smaller cohort of large scale-producers will be required to comply with GAEC’s higher standards. They will pass the costs on to the consumer while those exempt from the rule will get a free increase in their pricing. Or a larger operator can split the company – same shareholders but use licensing agreements and stay under...

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May 26 Corn closed at $4.54/bushel, up $0 from yesterday's close.  May 26 Wheat closed at $5.8975/bushel, down $0.075 from yesterday's close.  May 26 Soybeans closed at $11.57/bushel, up $0.0175 from yesterday's close.  May 26 Soymeal closed at $311.7/short ton, down $0.5 from ye...

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Greeley JBS Beef Plant on Strike

The JBS beef plant in Greeley, Colorado, went on strike yesterday. Today is day two of the labor shutdown. The Greeley plant can process about 6,000 head per day, or 5 percent of the U.S. beef supply. This is a major disruption. Notably, it comes on the heels of Tyson closing its plant in Lexin...

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Livestock Industry Margins

Beef packer margins turned positive for the first time since late last year as returns improved to $53/head last week. The turnaround was driven by a strong increase in the boxed beef cutout, which rose to $388.16/cwt, while fed cattle prices declined further on the week. The threat of the labo...

feed-grains soy-oilseeds wheat

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May 26 Corn closed at $4.54/bushel, up $0 from yesterday's close.  May 26 Wheat closed at $5.8975/bushel, down $0.075 from yesterday's close.  May 26 Soybeans closed at $11.57/bushel, up $0.0175 from yesterday's close.  May 26 Soymeal closed at $311.7/short ton, down $0.5 from ye...

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Greeley JBS Beef Plant on Strike

The JBS beef plant in Greeley, Colorado, went on strike yesterday. Today is day two of the labor shutdown. The Greeley plant can process about 6,000 head per day, or 5 percent of the U.S. beef supply. This is a major disruption. Notably, it comes on the heels of Tyson closing its plant in Lexin...

livestock

Livestock Industry Margins

Beef packer margins turned positive for the first time since late last year as returns improved to $53/head last week. The turnaround was driven by a strong increase in the boxed beef cutout, which rose to $388.16/cwt, while fed cattle prices declined further on the week. The threat of the labo...

feed-grains soy-oilseeds wheat

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May 26 Corn closed at $4.54/bushel, down $0.1325 from yesterday's close.  May 26 Wheat closed at $5.9725/bushel, down $0.165 from yesterday's close.  May 26 Soybeans closed at $11.5525/bushel, down $0.7 from yesterday's close.  May 26 Soymeal closed at $312.2/short ton, down $10...

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From WPI Consulting

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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