World Perspectives

NEI Deadline; India’s Games

The National Export Initiative (NEI) launched by President Obama in his 2010 State of the Union address failed to double American exports (up around half that amount), but it has nonetheless brought benefits. NEI Angels and Demons The National Export Initiative (NEI) launched by President Obama in his 2010 State of the Union address failed to double American exports (up around half that amount), but it has nonetheless brought benefits. We had opined at the time that doubling exports in five years was "a tall order" and cautioned that "exports are highly influenced by global economic growth and currency valuation." However, the president's message was absolutely correct at the time and remains true today: U.S. trade policy needs to be aggr...

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Jul 25 Corn closed at $4.755/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.3075/bushel, up $0.0525 from yesterday's close.  Jul 25 Soybeans closed at $10.445/bushel, down $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $298/short ton, down $0.2 f...

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FOB Prices and Freight Rates App (Updated 30 April)

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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