World Perspectives

Election Preview

The U.S. election is in just a few days (Tuesday, 3 November). Virtually any outcome is possible. The range is so wide because of the close popular vote margins in a number of states. Note that it is so close that some models predict two outcomes.   The election is based on the collective total of electoral votes that candidates earn by winning a state; those votes are based on the Congressional representation that each state has, plus three for the District of Colombia. Campaign strategies of winning state by state to get 270 electoral votes is like a giant game of sudoku. There are a total of 538 electoral votes, it takes 270 to win the Presidential election. For context, in 2016 Trump beat Clinton 304 to 227, in 2012 Obama be...

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Market Commentary: No Raucous End to the Week

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With no new input on fundamentals, traders passively went through the day making only minor changes. Monday’s crop progress report will provide some input, and especially focus on the May 12 WASDE. It will be the first keen look at the balance sheets for MY 2025/26.  It was the fifth...

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U.S. Soybean Crush Margin Outlook

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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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