World Perspectives

U.S.-China Implications; U.S.-Japan Reality Check; Trade War Costs; CFTC Retirement Gift

U.S.–China Implications Some reports indicate a U.S.–China trade deal will be announced by the end of next week. Acting White House Chief of Staff Mick Mulvaney had a potentially worse message for U.S. agriculture, saying the administration is prepared to walk away from the talks if an agreement doesn’t come soon. The trade war has already changed the trajectory of goods produced and traded. Beijing has greatly boosted its investments in agriculture following the imposition of import barriers against American farm products. It made similar increases in its semiconductor capabilities due to restricted access by the West and now competes directly with U.S. makers. AgFunder says agrifood startups in China raised $5.8 billio...

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FOB Prices and Freight Rates App (Updated 23 July)

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”...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Premia Withdrawn; Trade Talks Make Progress

CBOT futures saw mixed trade Tuesday with summer row crops pulling back amid a favorable Midwest weather forecast while wheat turned higher on slow sales from Russia. Corn and soybeans saw weaker trade develop overnight after the Crop Conditions report was positive and the weather forecasts con...

Ready for War; Deals Trickly In

Ready for War Europe has not won a kinetic war without U.S. help, but one German official quoted by the Wall Street Journal boasted, “If they [U.S.] want war, they will get war.” Admittedly, Europe has been far better at defensive trade policy than it has been at fighting Russian ag...

FOB Prices and Freight Rates App (Updated 23 July)

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”...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Premia Withdrawn; Trade Talks Make Progress

CBOT futures saw mixed trade Tuesday with summer row crops pulling back amid a favorable Midwest weather forecast while wheat turned higher on slow sales from Russia. Corn and soybeans saw weaker trade develop overnight after the Crop Conditions report was positive and the weather forecasts con...

Ready for War; Deals Trickly In

Ready for War Europe has not won a kinetic war without U.S. help, but one German official quoted by the Wall Street Journal boasted, “If they [U.S.] want war, they will get war.” Admittedly, Europe has been far better at defensive trade policy than it has been at fighting Russian ag...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, down $0.0425 from yesterday's close.  Sep 25 Wheat closed at $5.495/bushel, up $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.255/bushel, down $0.005 from yesterday's close.  Dec 25 Soymeal closed at $286.8/short ton, up $2 from...

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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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