World Perspectives
livestock farm-inputs softs

Crop Insurance Premium Subsidies

The underlying fundamental issue with  crop insurance is its actuarial soundness, and gaining higher levels of coverage through premium subsidies has been a key leveraging tool to bring more acres with better actuarial histories into the program.As commodity markets went on a multi-year bull run over the past few years, crop insurance costs grew accordingly, exceeding $8 billion. Together with the 2011 renegotiation of the Standard Reinsurance Agreement, this brought new attention to the federal crop insurance program and the various subsidies imbedded in it. While the agriculture sector rallied around crop insurance as the new, primary risk management tool in the last farm bill debate, outside factions that included budget hawk public...

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders paring back their slightly bearish combined bets across the ag space. The past several weeks have featured few meaningful changes in the net ag position — the sum of funds’ holdings across corn, the soy complex, all three class...

feed-grains soy-oilseeds wheat

Market Commentary: A Strong Close for the Week

Markets were higher in the overnight and were all green at the open this morning. By the end of the session, most remained higher except meal and HRS. It was mostly a bounce back Friday instead of a profit taking end of the week. Though there was generally some of the lowest volumes traded for...

feed-grains soy-oilseeds wheat

Market Commentary: Another Day in a Sea of Red

After a three-day rally, the soybean complex drifted lower, wheat continued its bearish decline, and corn miraculously escaped another day of damage.  The market now awaits crop tour results, which at their onset appear to be confirming USDA’s view of big yields. Barring a miraculous...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders paring back their slightly bearish combined bets across the ag space. The past several weeks have featured few meaningful changes in the net ag position — the sum of funds’ holdings across corn, the soy complex, all three class...

feed-grains soy-oilseeds wheat

Market Commentary: A Strong Close for the Week

Markets were higher in the overnight and were all green at the open this morning. By the end of the session, most remained higher except meal and HRS. It was mostly a bounce back Friday instead of a profit taking end of the week. Though there was generally some of the lowest volumes traded for...

feed-grains soy-oilseeds wheat

Market Commentary: Another Day in a Sea of Red

After a three-day rally, the soybean complex drifted lower, wheat continued its bearish decline, and corn miraculously escaped another day of damage.  The market now awaits crop tour results, which at their onset appear to be confirming USDA’s view of big yields. Barring a miraculous...

livestock

Livestock Roundup: WASDE Shows Protein Production Mostly Down

Red meat and poultry production total estimates were down for August in the latest WASDE report. Beef production for the year was estimated at 25.926 billion pounds, which was 262 million pounds less than July on lower slaughter and relatively lighter dressed carcass weights. Steer prices were...

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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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