World Perspectives

U.S. Agriculture Recession

What do Germany and U.S. agriculture have in common? They may both be in recession. U.S. net cash farm income is in record decline, having fallen nearly 37 percent in two years. The Ag Economists’ Monthly Monitor survey of 70 economists shows just over half think the sector is in recession and 60 percent say one is eminent.  The drop is particularly acute for corn and soybean farmers whose prices have dropped and see no turnaround anytime soon.  Contributing to the problem has been a drop in exports.  Meanwhile, farm expenses keep rising, especially for labor and taxes. At the same time, government transfers have plummeted by 77 percent from their peak in 2020 at $45 billion to an estimated $10.2 billion this y...

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FOB Prices and Freight Rates App (Updated 10 September)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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