World Perspectives
soy-oilseeds softs

Values; Cotton Bust; Dead Goose

The challenge to Europe and the U.S. in the TTIP negotiations is not how to handle tariffs, but how to manage value-based differences involving roughly two equivalent powers. Transatlantic Cost of Values Values as a form of ethical construct are important for social cohesion. They can have a logical foundation but nonetheless be subjective. For example, the belief that capital punishment is or is not a rational response to abhorrent crime and a deterrent to future episodes varies by country or society. U.S. Trade Representative Michael Froman solicits support for TPP by asserting that America has “A values-driven trade policy.” In similar fashion, leaders in Brussels say they will defend European values, extending that to the recent requi...

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Kevin Warsh’s Confirmation Hearings and Policy Directions

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feed-grains soy-oilseeds wheat

Summary of Futures

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...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Week and a Mixed Outlook

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biofuel energy

E15: What Does It Mean?

Previous administrations—including that of President Donald Trump—have promoted domestic consumption of corn and soybeans through expanded biofuel mandates and subsidies. The original framework for this policy was the Energy Independence and Security Act of 2007, which required the...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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