World Perspectives

Debt Leverage Volatility; Land Ownership Focus; Speculators in Detention

Debt Leverage Volatility Markets hate uncertainty but the upcoming hardball political play in Washington is as transparent as cellophane. Congressional Democrats are going to put $3.5 trillion worth of deficit spending and policy dreams into a legislative package that they hope to steamroll over Republicans using the budget reconciliation process. The only leverage Republicans hold to prevent such a massive change in government policy and spending is the need to legislatively raise the official sanctioned amount of debt held by taxpayers. Failing to raise the debt ceiling would place taxpayers in default and will be framed as reckless by the Democrats. Ultimately, the debt ceiling will be raised but in small increments over time so that it...

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FOB Prices and Freight Rates App (Updated 26 November)

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”...

livestock

Cattle on Feed for Nov 1, 2025

U.S. Cattle on Feed in feedlots with capacity of 1,000 or more head totaled 11.7 million head on November 1, 2025. The inventory was 2 percent below November 1, 2024.  Placements in feedlots during October totaled 2.04 million head, 10 percent below 2024.  Marketings of fed cattle dur...

feed-grains soy-oilseeds wheat

Market Commentary: Taking Back Yesterday’s Losses

The CBOT was mostly higher on Tuesday with rumors of Chinese soybean buying and strong performance in equity markets boosting trader sentiment. Tuesday’s trade seemed to reflect the typical pre-Thanksgiving glide into low-volume, low-volatility trade that often dominates the day before an...

FOB Prices and Freight Rates App (Updated 26 November)

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”...

livestock

Cattle on Feed for Nov 1, 2025

U.S. Cattle on Feed in feedlots with capacity of 1,000 or more head totaled 11.7 million head on November 1, 2025. The inventory was 2 percent below November 1, 2024.  Placements in feedlots during October totaled 2.04 million head, 10 percent below 2024.  Marketings of fed cattle dur...

feed-grains soy-oilseeds wheat

Market Commentary: Taking Back Yesterday’s Losses

The CBOT was mostly higher on Tuesday with rumors of Chinese soybean buying and strong performance in equity markets boosting trader sentiment. Tuesday’s trade seemed to reflect the typical pre-Thanksgiving glide into low-volume, low-volatility trade that often dominates the day before an...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.235/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.3925/bushel, up $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.2475/bushel, up $0.015 from yesterday's close.  Jan 26 Soymeal closed at $320.4/short ton, up $2.1 fr...

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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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