World Perspectives
livestock

Brexit, U.S.-UK Talks Are a Game of Chicken

The ongoing talks over Brexit and the U.S.-UK trade talks can be described as a giant game of chicken, metaphorically and literally. Indeed, in the literal sense, one of the biggest issues between the U.S. and the UK is the American practice of washing chicken with chlorinated water. And when it comes to Brexit, there is a negotiating conflict with both sides bluffing and posturing to not “chicken out” and give up the upper hand in the deal. Although the UK is now officially no longer part of the EU, there are still negotiations about the custom agreement between the UK and the EU member states. Right now, the EU rules on intra-member state trade still applies, but there is a deadline for new tariffs and protocols to be in plac...

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Market Commentary: Grain Bulls Emerge from Hibernation

Usually, one discusses bears - not bulls - emerging from hibernation, but the somewhat discongruous title of today's report is an accurate image of Wednesday's market activity. The CBOT turned sharply higher at mid-week with corn, the soy complex, wheat, and livestock futures all posting strong...

Vietnam Deal; EU Green Targets

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feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

Usually, one discusses bears - not bulls - emerging from hibernation, but the somewhat discongruous title of today's report is an accurate image of Wednesday's market activity. The CBOT turned sharply higher at mid-week with corn, the soy complex, wheat, and livestock futures all posting strong...

Vietnam Deal; EU Green Targets

Vietnam Deal As the 9 July deadline approaches, a second trade deal was announced by President Trump. He says the U.S. will apply a 20 percent tariff on imports from Vietnam (versus 46 percent reciprocal), and 40 percent if the product was transshipped. The duty could vary based on domestic con...

feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

FOB Prices and Freight Rates App (Updated 2 July)

WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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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