World Perspectives

Front Door Attack; War, Covid and Trade; English Tea Time

Front Door Attack The recently enacted omnibus spending bill included $2.5 million to support a “White House Conference on Food, Nutrition, Hunger and Health.” The provision is notable for the following reasons: It is rushed to be held in 2022, perhaps with mid-term elections in mind. It is to be led by the Department of Health and Human Services, and not USDA.  It was pushed by Senator Cory Booker (D-New Jersey), a vegetarian and avowed opponent of Big Ag. The goal is to spark major policy changes. U.S. agricultural commodity groups are accustomed to playing defense and can point to past successes against other fora with similarly biased foundations, such as last year’s UN Food Systems Summit. However, it r...

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WPI Crop Progress and Conditions App (Updated 30 June)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

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feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.0925/bushel, down $0.0225 from yesterday's close.  Sep 25 Wheat closed at $5.3825/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, up $0.0225 from yesterday's close.  Aug 25 Soymeal closed at $275.8/short ton, up $0.2...

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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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