World Perspectives

Gutsy USTR; Inflation Beats Exports; Ruble Hell

Gutsy USTR  USTR Katherine Tai is in an interagency battle over whether to lift tariffs on China to try and stem inflation, and she’s not backing down in her opposition to such a move. Yesterday she told Congress that, “The China tariffs are, in my view, a significant piece of leverage, and a trade negotiator never walks away from leverage.” Making such a strong statement on an issue undergoing internal Administration debate puts her in a very public fight against Treasury Secretary Janet Yellen, who favors the cuts.  Somebody will lose and historically, presidents have sided with the troika (State, Treasury, or Defense). She then even stepped directly onto the figurative turf of Treasury by telling the Committ...

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May 26 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 26 Wheat closed at $6.2025/bushel, up $0.1325 from yesterday's close.  May 26 Soybeans closed at $11.5975/bushel, down $0.0475 from yesterday's close.  Jul 26 Soymeal closed at $316.5/short ton, up $0.2...

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Market Commentary: War Sustains Wheat; Corn Up Fifth Day

The Middle East truce is a rough one and the uncertainty spiked oil prices and the dollar again for another day. The wheat market has droughty conditions in the U.S., but globally there is pressure on a crop that gets both its fertilizer and a chunk of its demand from this volatile region. ...

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Rotisserie Chicken Proposed to be Allowed Under SNAP

Senators Jim Justice (D-West Virginia), John Fetterman (D-Pennsylvania), Shelley Moore Capito (R-West Virginia), and Michael Bennet (D-Colorado) introduced the Hot Rotisserie Chicken Act, which would allow Supplemental Nutrition Assistance Program (SNAP) participants to purchase hot rotisserie...

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May 26 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 26 Wheat closed at $6.2025/bushel, up $0.1325 from yesterday's close.  May 26 Soybeans closed at $11.5975/bushel, down $0.0475 from yesterday's close.  Jul 26 Soymeal closed at $316.5/short ton, up $0.2...

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Market Commentary: War Sustains Wheat; Corn Up Fifth Day

The Middle East truce is a rough one and the uncertainty spiked oil prices and the dollar again for another day. The wheat market has droughty conditions in the U.S., but globally there is pressure on a crop that gets both its fertilizer and a chunk of its demand from this volatile region. ...

livestock

Rotisserie Chicken Proposed to be Allowed Under SNAP

Senators Jim Justice (D-West Virginia), John Fetterman (D-Pennsylvania), Shelley Moore Capito (R-West Virginia), and Michael Bennet (D-Colorado) introduced the Hot Rotisserie Chicken Act, which would allow Supplemental Nutrition Assistance Program (SNAP) participants to purchase hot rotisserie...

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Early 2026 Projections of Cow-Calf Finances

Key Takeaways: Despite rising cost pressures — including the recent run-up in fuel and energy costs — U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026. Cost pressures — particularly non-feed variable costs — and drough...

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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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