World Perspectives

Fixing the WTO; The Winner is Ag

Fixing the WTO The 13th Ministerial Conference last month in Abu Dhabi was yet another failure by the WTO. Now Singapore has proposed a retreat to discuss fundamental fixes needed to stop the long string of failures. Ultimately, the structural problems of the WTO involve one country, one vote and the necessity of consensus. Gambia with just 1.4 million people and a $2 billion economy has the same voting power as China with 1.4 billion people and $17.7 trillion in GDP. None of the other Bretton Woods institutions have this flaw. The UN is prejudiced toward the more powerful countries via the Security Council. The bias of the IMF and World Bank is toward economic size and capital contributions.  The majority involves poorer countries a...

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feed-grains soy-oilseeds wheat

Market Commentary: Year End Rally in Corn and Beans

The day’s trading started out hum and glum. Corn and soybean contracts moved modestly like their overnight closes and stayed marginal for most of the day. Soyoil was continuing its recent mostly negative run. Wheat never went anywhere important, high or low.  Then there was a breakout late...

Happy New Year from WPI

The WPI team extends our best wishes to you and your families for a healthy and happy New Year. Thank you for your faithful readership, we are looking forward to serving you in the New Year! Please note that our next report will be issued Thursday, 2 January as the U.S. markets are closed...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.585/bushel, up $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.515/bushel, up $0.0325 from yesterday's close. Mar 25 Soybeans closed at $10.105/bushel, up $0.1875 from yesterday's close. Mar 25 Soymeal closed at $316.9/short ton, up $5.1 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: Year End Rally in Corn and Beans

The day’s trading started out hum and glum. Corn and soybean contracts moved modestly like their overnight closes and stayed marginal for most of the day. Soyoil was continuing its recent mostly negative run. Wheat never went anywhere important, high or low.  Then there was a breakout late...

Happy New Year from WPI

The WPI team extends our best wishes to you and your families for a healthy and happy New Year. Thank you for your faithful readership, we are looking forward to serving you in the New Year! Please note that our next report will be issued Thursday, 2 January as the U.S. markets are closed...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.585/bushel, up $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.515/bushel, up $0.0325 from yesterday's close. Mar 25 Soybeans closed at $10.105/bushel, up $0.1875 from yesterday's close. Mar 25 Soymeal closed at $316.9/short ton, up $5.1 from ye...

Death of Ag Bidenomics; China 2025; Import Sensitivity

Death of Ag BidenomicsMuch has been written about Bidenomics. Its fans bemoan that the data is good, but the voters failed to appreciate that specific messaging; critics ridicule the policies for waste and misdirection. Bidenomics mostly doesn’t matter in agriculture where cyclicality is the dr...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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