World Perspectives
feed-grains wheat farm-inputs

China In-Country Analysis

High Expectations for New Corn Price This is the time of the year when the Chinese government's procurement price for new crop corn becomes a hot topic among growers. Corn growers along China's Corn Belt hold expectations as high as $333.33/MT. The Chinese government's corn procurement price last year was around $305/MT. There are several reasons for growers' high expectations, such as:

The continual rise in corn production. In 2012, the cost of seed increased 10-15 percent and the cost of fertilizers rose 6-12 percent, while land rental was up by 15-30 percent. Heavy spending on protecting the crop from a series of natural disasters including drought, pests, typhoon and low temperatures in September.

Moreover, the wide gap between...

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feed-grains soy-oilseeds wheat

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Usually, the day USDA releases its monthly world supply and demand report – known colloquially as “WASDE day” – sees heightened volatility in CBOT ag futures. That was true again Tuesday, though there was little causal connection between the WASDE and the market’s...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Iran War The U.S. and Israeli attacks on Iran are said to complicate the visit later this month by President Trump to China. As an ally of Iran and a major purchaser of its oil, China has an acute interest in the current war. It is especially being harmed by the shutdown of the Strait of Hormuz...

Economic Outlook for 2026

The January jobs report surprised to the upside, coming in at 172,000 new jobs, well above the consensus expectation of 68,000. However, the February report showed jobs falling by 86,000, far off the consensus expectation of a gain of 60,000. This loss was driven by education, leisure and hospi...

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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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