World Perspectives

Harvesting Cash from Naiveté

By awakening consumers to the mundanity of the food business, one food critic and his ilk have spawned new Big Ag profits with meaningless but profitable products like non-GMO while growing niche segments like organic to the point that it is about to be relegated to commoditization.Food industry critic Michael Pollan has penned a piece in the New York Times that expresses his political disillusionment, but it also betrays the fault of his arrogance. It is a fitting revelation for anyone cocksure about their viewpoints on public policy to also consider that they may in fact be wrong.Pollan opens the piece by gloating how then-presidential candidate Barack Obama echoed his views about a “broken food system” on the 2008 campaign trail, the pre...

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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