World Perspectives

Farm Aid Revived; New Economy versus Old; UPF Discussion

Farm Aid RevivedThe latest Monthly Monitor of agricultural economists showed that 56 percent believe the sector is already in a recession and a whopping 81 percent believe it is on the brink of a recession. The government’s stopgap bill to keep the government funded through March included $10 billion in direct payments for farmers, plus $21 billion in agricultural disaster aid. It had a one-year extension of the current farm bill and allowed year-round use of E15 ethanol fuel. Yesterday, President-Elect Trump told his Republican members of the House to stop the bill over extraneous spending. Today, Mr. Trump and House Republicans surprisingly struck a deal that will allow the package to move forward but it still isn’t clear it will survive...

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Market Commentary: CBOT Rallies on Falling USD, Tariff Pause, and Technical Buying

CBOT futures and ag markets look very different today than they did just one week ago. Last Friday, ag futures were deep in the red with traders exiting positions and engaging in risk-off trade as the outlook for U.S. trade and the global economy seemed far from certain. This week, futures ende...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.9025/bushel, up $0.0725 from yesterday's close.  May 25 Wheat closed at $5.5575/bushel, up $0.1775 from yesterday's close.  May 25 Soybeans closed at $10.4275/bushel, up $0.1375 from yesterday's close.  May 25 Soymeal closed at $299.6/short ton, up $1.7 f...

Budget Reconciliation: A Step Closer to “One Big Beautiful Bill”

Yesterday, the House of Representatives passed a budget bill by a vote of 216 to 214. The two Republican “no” votes were from Thomas Massie of Kentucky and Victoria Spartz of Indiana, neither of which was a surprise. Massie has been a skeptic of the bill all along and Spartz famousl...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rallies on Falling USD, Tariff Pause, and Technical Buying

CBOT futures and ag markets look very different today than they did just one week ago. Last Friday, ag futures were deep in the red with traders exiting positions and engaging in risk-off trade as the outlook for U.S. trade and the global economy seemed far from certain. This week, futures ende...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.9025/bushel, up $0.0725 from yesterday's close.  May 25 Wheat closed at $5.5575/bushel, up $0.1775 from yesterday's close.  May 25 Soybeans closed at $10.4275/bushel, up $0.1375 from yesterday's close.  May 25 Soymeal closed at $299.6/short ton, up $1.7 f...

Budget Reconciliation: A Step Closer to “One Big Beautiful Bill”

Yesterday, the House of Representatives passed a budget bill by a vote of 216 to 214. The two Republican “no” votes were from Thomas Massie of Kentucky and Victoria Spartz of Indiana, neither of which was a surprise. Massie has been a skeptic of the bill all along and Spartz famousl...

Tariff War Patience; Self-Sufficiency; Reciprocal Treatment

Tariff War Patience The latest Purdue University-CME Group Ag Economy Barometer survey of farmers fell 12 points or nearly 8 percent on concerns about the trade war’s impact on export markets. Surveys indicate that the American public expects tariffs to raise their cost of living. They al...

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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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