World Perspectives

Transition at the CFTC

Big changes are underway at the CFTC. Its chairman, Gary Gensler, has made it known for quite some time that he intends to leave his post on 3 January 2014 when his term expires. The Obama administration has been slow to nominate his successor. However, after floating a number of names, President Obama formally nominated Timothy Massad. Mr. Gensler has promised to stay beyond 3 January until his replacement is confirmed by the Senate.Mr. Massad has been Assistant Secretary for Financial Stability at the Treasury Dept. since 2010. As such, he was in charge of winding down the controversial Troubled Asset Relief Program (TARP) that was established by the Bush administration in 2008 at the onset of the financial crisis. TARP's purpose was to a...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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This is the limbo period between the expectations and reality of a new crop going into the ground. Prices gyrate in a narrow range, awaiting something more definitive than planting “intentions.” The bears see a planting pace off to a quick start, the bulls see ground that in many pl...

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Kevin Warsh, formerly a member of the Federal Reserve Board, has been nominated by President Trump to be the Chairman of the Federal Reserve. Trump has long been critical of current Chair Jerome Powell, even opening a Department of Justice (DOJ) investigation into the handling of cost overruns...

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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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