World Perspectives

Questions for Ms. Tai; Crimes at COP 27

Questions for Ms. Tai It is not clear yet whether the Republicans will win the U.S. House but if they do, there is likely to be greater inspection of the Biden Administration’s policies and ambitions. U.S. agriculture is greatly dependent on trade and frustrated with the current low ambition of the White House on expanding opportunities in foreign markets. Behind closed doors, the industry’s government relations representatives expect little to happen because trade unions are opposed to free trade agreements and they are a key constituency. If Republicans win the House (and/or the Senate), holding a hearing on trade policy should be a key U.S. agriculture objective. And some questions that they should want asked include the fol...

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WPI Crop Balance Sheet Forecasts

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WPI Grain Transportation Report

Dry bulk freight markets were quiet this past week and continued the trend that has been present since mid-October. The quiet trade let rates drift lower with disappointment about the slow appearance of Chinese demand weighing on market sentiment. The U.S.-China trade deal was thought to be lik...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2875/bushel, down $0.065 from yesterday's close.  Dec 25 Wheat closed at $5.355/bushel, down $0.1925 from yesterday's close.  Jan 26 Soybeans closed at $11.075/bushel, down $0.2675 from yesterday's close.  Dec 25 Soymeal closed at $312.7/short ton, down $...

feed-grains soy-oilseeds wheat

WPI Crop Balance Sheet Forecasts

Ahead of next week’s USDA’s Crop Production and WASDE reports, WPI offers our latest projections for the corn, soybean, and wheat balance sheets. The key findings from this effort are that corn and soybean supplies are set to expand on upward yield revisions. Too, demand for corn an...

WPI Grain Transportation Report

Dry bulk freight markets were quiet this past week and continued the trend that has been present since mid-October. The quiet trade let rates drift lower with disappointment about the slow appearance of Chinese demand weighing on market sentiment. The U.S.-China trade deal was thought to be lik...

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Summary of Futures

Dec 25 Corn closed at $4.2875/bushel, down $0.065 from yesterday's close.  Dec 25 Wheat closed at $5.355/bushel, down $0.1925 from yesterday's close.  Jan 26 Soybeans closed at $11.075/bushel, down $0.2675 from yesterday's close.  Dec 25 Soymeal closed at $312.7/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Corrections Lower, and Maybe Yet Lower

There was a “show me the money” attitude in today’s trading as caution replaced yesterday’s enthusiasm in both ag markets and on Wall Street. Let’s count the many sources of hesitation. Soybeans, meal, and wheat have all been overbought with high RSI’s. ...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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