World Perspectives

SOTU: Renewing the Focus on Carbon, Conservation, and Capital Gains

In his State of the Union (SOTU) address, President Biden outlined a number of policy priorities with potential impacts on agriculture. Many of them are prior policy goals and initiatives which have already drawn at least caution, if not opposition, from the ag sector. For example, highlights from the speech include:  Cutting carbon emissions in half by 2030 (just six years away) from 2005 baseline emissions which hold potential for agriculture through carbon sequestration and credit trading, but which could also come with added regulatory costs to agriculture. IBEW workers building and installing 500,000 electric vehicle charging stations, which as the Renewable Fuels Association (RFA) said, has the potential to reduce liquid fuel u...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.455/bushel, up $0.03 from yesterday's close.  Jul 25 Wheat closed at $5.2475/bushel, up $0.075 from yesterday's close.  Jul 25 Soybeans closed at $10.7775/bushel, up $0.0525 from yesterday's close.  Jul 25 Soymeal closed at $291.9/short ton, down $1.4 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Tax Credit Hopes Bouy Soyoil; Wheat Gains on Weather; Cattle Turn Bearish

Weather and Congressional tax policy were at the forefront of futures traders’ minds on Wednesday and these two factors drove much of the day’s price action. The weather outlooks – favorable for the Corn Belt and dry for the Southern Plains, Europe, and Black Sea – creat...

Pesticide Assault; WTO Attacks U.S.; African Future

Pesticide Assault The Wall Street Journal reported that RFK, Jr.’s intent to ban all pesticides is running into opposition from other officials in the Trump Administration. His critics worry that removing pesticides will drive up food costs and know that inflation is a key consumer concer...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.455/bushel, up $0.03 from yesterday's close.  Jul 25 Wheat closed at $5.2475/bushel, up $0.075 from yesterday's close.  Jul 25 Soybeans closed at $10.7775/bushel, up $0.0525 from yesterday's close.  Jul 25 Soymeal closed at $291.9/short ton, down $1.4 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Tax Credit Hopes Bouy Soyoil; Wheat Gains on Weather; Cattle Turn Bearish

Weather and Congressional tax policy were at the forefront of futures traders’ minds on Wednesday and these two factors drove much of the day’s price action. The weather outlooks – favorable for the Corn Belt and dry for the Southern Plains, Europe, and Black Sea – creat...

Pesticide Assault; WTO Attacks U.S.; African Future

Pesticide Assault The Wall Street Journal reported that RFK, Jr.’s intent to ban all pesticides is running into opposition from other officials in the Trump Administration. His critics worry that removing pesticides will drive up food costs and know that inflation is a key consumer concer...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.425/bushel, down $0.055 from yesterday's close.  Jul 25 Wheat closed at $5.1725/bushel, up $0.02 from yesterday's close.  Jul 25 Soybeans closed at $10.725/bushel, up $0.0125 from yesterday's close.  Jul 25 Soymeal closed at $293.3/short ton, down $4.8 fr...

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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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