World Perspectives

Crazy Ideas; Strategery

Crazy Ideas Whenever there is a spike in commodity prices, the craziest ideas are put forth to supposedly solve the “problem.”  Leading the pack are the small and local folks who think interdependency is the problem, ignoring the lack of resiliency in a loner world. Then there are those that blame food security risk on the world’s dependency on just a handful of crops. Who knew there is a Forgotten Crops Society? And did they ever consider why they’ve been forgotten? Author Dan Saladino thinks it is a great time to boost sales of his book, “Eating to Extinction: The World’s Rarest Foods and Why We Need to Save Them.”  This is the opportunity to remind everyone how we got to where we are...

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feed-grains soy-oilseeds wheat

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May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close.  May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close.  May 26 Soymeal closed at $309.9/short ton, down $...

feed-grains soy-oilseeds wheat

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FOB Prices and Freight Rates App (Updated 4 March)

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”...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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