World Perspectives
livestock softs

Sugar Impact; Biotech; Balkanization

The state-by-state biotech labeling campaigns by technology opponents undermine the federal preemption on food marketing, and now the same is happening to pesticide policy. Sugar Weighs on Dairy and Poultry The U.S. government has negotiated a suspension agreement with Mexico that will prevent prohibitive duties of approximately $0.40-0.47 per pound being applied to sugar moving north. However, suppliers from Mexico are stuck with a limited market opportunity and ability to price competitively. Mexican sugar will be limited to U.S. demand above domestic production and imports from other tariff rate quota suppliers. Additionally, refined sugar must be priced at a minimum of $0.24 per pound ($0.20 per pound for other sugars). The question i...

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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

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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

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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