World Perspectives
farm-inputs

Dead Zones; Rating Africa; Trade Games; Water

One initiative arising out of the U.S.-Africa Leaders' Summit this week in Washington is a commitment by the U.S. Agency for International Development to produce later this year an assessment on the ease of doing business and investing in Africa's agriculture. Runaway Runoff The so-called "Dead Zone" of eutrophication where the Mississippi River meets the Gulf of Mexico is larger than expected this year, and Ohio is going to make farmers get a license to apply fertilizer after a half million people in Toledo could not drink water due to a nutrient runoff fed algae bloom into Lake Erie. Farmers make the logical argument that they would not over-apply fertilizer since it would be a waste of money, and that fault is difficult to assign when...

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feed-grains soy-oilseeds wheat

Market Commentary: Grains Extend Trade-Deal Rally; Cattle Pullback Continues

The CBOT saw continued support and speculative buying from hopes for the upcoming U.S.-China Presidential meeting in South Korea on Thursday and from the recent trade deals with Japan, Vietnam, Thailand, and Malaysia. The price-depressive effects of the 2025 trade war(s) need no introduction fo...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.32/bushel, up $0.0325 from yesterday's close.  Dec 25 Wheat closed at $5.29/bushel, up $0.03 from yesterday's close.  Jan 26 Soybeans closed at $10.9525/bushel, up $0.1025 from yesterday's close.  Dec 25 Soymeal closed at $306.5/short ton, up $8.3 from ye...

Missed Opportunity; Bad Beef Math

Missed Opportunity President Trump shut down trade negotiations and said he would add 10 percent more tariffs on Canadian goods in retaliation for a pro-free trade advertisement in Ontario. Ontario Premier Doug Ford is bragging that the ad was effective and chortles over the ad getting under Tr...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Extend Trade-Deal Rally; Cattle Pullback Continues

The CBOT saw continued support and speculative buying from hopes for the upcoming U.S.-China Presidential meeting in South Korea on Thursday and from the recent trade deals with Japan, Vietnam, Thailand, and Malaysia. The price-depressive effects of the 2025 trade war(s) need no introduction fo...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.32/bushel, up $0.0325 from yesterday's close.  Dec 25 Wheat closed at $5.29/bushel, up $0.03 from yesterday's close.  Jan 26 Soybeans closed at $10.9525/bushel, up $0.1025 from yesterday's close.  Dec 25 Soymeal closed at $306.5/short ton, up $8.3 from ye...

Missed Opportunity; Bad Beef Math

Missed Opportunity President Trump shut down trade negotiations and said he would add 10 percent more tariffs on Canadian goods in retaliation for a pro-free trade advertisement in Ontario. Ontario Premier Doug Ford is bragging that the ad was effective and chortles over the ad getting under Tr...

Trump Tariffs: Preliminary Success in Asia

The Trump tariff plans are still unfolding with almost daily changes. However, on a positive note, the latest news is that China and the U.S. have reached a framework agreement prior to President Trump and President Xi meeting on Thursday in Korea at the end of Trump’s Asia tour. China&rs...

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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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