World Perspectives

Trade is Dead, So is Ag; Siloed America

Trade is Dead, So is Ag The U.S. agricultural trade balance has reversed, going from positive to negative. Industry leaders are arguing that the solution is more trade agreements but that is unlikely. President Biden has pulled back from his pursuit of minimalist trade objectives in the IPEF talks, fearing electoral damage this year from Donad Trump. He has successfully extended a truce with Europe over steel and aluminum trade restrictions but has kicked any solution down the road. If the President will not even pursue trade agreements on behalf of America’s most dominant industry, IT, he will certainly not expend political capital on behalf of a bunch of red state farmers.  Siloed America California’s Proposition 12 is...

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livestock

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Beef packer margins improved for a second consecutive week but remained firmly negative. Margins rose $70/head to –$179 as the Choice cutout advanced $4.56/cwt and fed cattle prices were largely stable. The recovery narrowed the gap between breakeven and cash cattle values to roughly $19/...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2175/bushel, down $0.02 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, down $0.025 from yesterday's close.  Mar 26 Soybeans closed at $10.645/bushel, up $0.115 from yesterday's close.  Mar 26 Soymeal closed at $291.4/short ton, down $0.2...

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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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