World Perspectives

Fake Issue Campaign; Trade Policy Suicide

Fake Issue Campaign During the 2016 campaign, candidate Donald Trump manufactured many fake issues such as illegal immigrants causing a crime wave and NAFTA being the worst deal ever. His mainstream opponents avoided such hyperbole, and Trump won. Now the Democratic Party candidates are all trying the fake issue approach as they espouse a largely false narrative about the nation’s agricultural sector. Like Trump, if they win and pursue some of their campaign promises, it will be more harmful than helpful. At this past weekend’s campaign event in Storm Lake, Iowa, the candidates lamented the concentration in agribusiness and blamed it for farmers not getting a “fair deal.” They want a moratorium on mergers and to br...

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WPI Transportation Report

Dy Bulk Markets  Again this week, the bullish story is the rapid rise in Capesize vessel freight values with demand for Australian iron ore driving most of the rally. The Aussies have seen strong demand for August shipments in particular, which is pushing the forward end of the curve highe...

feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Thursday but Friday is Another Day

Today’s trading opened with a head scratcher after USDA reported 135 KMT of U.S. corn sold to China. There isn’t any corn import demand in China, and if there was it probably would not originate from the U.S. It was quickly corrected to be bound to South Korea.   Nonethele...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2075/bushel, up $0.0325 from yesterday's close.  Sep 25 Wheat closed at $5.415/bushel, up $0.01 from yesterday's close.  Nov 25 Soybeans closed at $10.2425/bushel, up $0.015 from yesterday's close.  Dec 25 Soymeal closed at $283.1/short ton, down $2.5 fro...

WPI Transportation Report

Dy Bulk Markets  Again this week, the bullish story is the rapid rise in Capesize vessel freight values with demand for Australian iron ore driving most of the rally. The Aussies have seen strong demand for August shipments in particular, which is pushing the forward end of the curve highe...

feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Thursday but Friday is Another Day

Today’s trading opened with a head scratcher after USDA reported 135 KMT of U.S. corn sold to China. There isn’t any corn import demand in China, and if there was it probably would not originate from the U.S. It was quickly corrected to be bound to South Korea.   Nonethele...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2075/bushel, up $0.0325 from yesterday's close.  Sep 25 Wheat closed at $5.415/bushel, up $0.01 from yesterday's close.  Nov 25 Soybeans closed at $10.2425/bushel, up $0.015 from yesterday's close.  Dec 25 Soymeal closed at $283.1/short ton, down $2.5 fro...

feed-grains soy-oilseeds wheat

Further Identification of Mispricing in Ag Futures

WPI offers the following analysis as a continuation of last week’s work examining mispricing opportunities in agricultural futures. Readers may recall that this work seeks to identify for the major agricultural commodities where along the forward curve current futures have the greatest er...

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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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