World Perspectives
feed-grains softs

Food Sovereignty Flipped

The government of Mexican President Andrés Manuel López Obrador and now the social justice warrior class in the U.S. are framing the impending ban on GMO corn imports as fulfilling their right to food sovereignty. U.S. corn exports to Mexico are around 17 MMT worth about $3.3 billion. Overall agricultural trade between the two countries is growing rapidly, though Mexico sells nearly 60 percent more to the U.S. than it imports from America, which makes the food sovereignty argument specious at best. While 45 percent of Mexico’s corn consumption is imported, 60 percent of American fresh fruit consumption is imported and nearly 40 percent of its fresh vegetables.  Importantly for Mexico, more than 88 percent of Mexico...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.37/bushel, down $0.0175 from yesterday's close.  Jul 25 Wheat closed at $5.3425/bushel, down $0.0025 from yesterday's close.  Jul 25 Soybeans closed at $10.505/bushel, down $0.0725 from yesterday's close.  Jul 25 Soymeal closed at $294.2/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat ahead of WASDE; Cattle and Beef Prices Running Red-Hot

Corn, wheat, and soybeans all traded higher overnight on growing optimism over the U.S.-China trade negotiations, though markets could not hold those gains. The talks in London made solid progress and negotiations are reportedly on track with the Geneva agreement that is allowing broader trade...

Outclassed; Unifying Food Safety; Inflation’s Real Issue

Outclassed In a nearly five-hour hearing before the U.S. House Agriculture Committee, USDA Secretary Brooke Rollins proved again that she is one of the most politically astute of President Trump’s Cabinet members. She was adept at responding to a wide range of questions, nearly all of the...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.37/bushel, down $0.0175 from yesterday's close.  Jul 25 Wheat closed at $5.3425/bushel, down $0.0025 from yesterday's close.  Jul 25 Soybeans closed at $10.505/bushel, down $0.0725 from yesterday's close.  Jul 25 Soymeal closed at $294.2/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat ahead of WASDE; Cattle and Beef Prices Running Red-Hot

Corn, wheat, and soybeans all traded higher overnight on growing optimism over the U.S.-China trade negotiations, though markets could not hold those gains. The talks in London made solid progress and negotiations are reportedly on track with the Geneva agreement that is allowing broader trade...

Outclassed; Unifying Food Safety; Inflation’s Real Issue

Outclassed In a nearly five-hour hearing before the U.S. House Agriculture Committee, USDA Secretary Brooke Rollins proved again that she is one of the most politically astute of President Trump’s Cabinet members. She was adept at responding to a wide range of questions, nearly all of the...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 2 – 6 June 2025 The grain market continued the transition from old crop to new crop meaning that the bearish trend is now across the board for all grains. The biggest bear was registered in the wheat belt which is located close to the export terminals as export dema...

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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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