World Perspectives

War Mitigation Funds Threatened; Big Oil vs. Big Ag; Bye WOTUS

War Mitigation Funds Threatened The Trump Administration has used up its $30 billion in CCC slush funds compensating farmers for the trade war and now Congressional Democrats are threatening to not refill the kitty via a continuing resolution being drafted for the end of September. The motivation is political in that losing the payments could cause farmers, a key Trump constituency, to stop supporting him. But it is also the assertion of Congressional primacy in overseeing how money is spent. Causing the payments to dry up also poses political risks for Democrats, particularly those campaigning for the presidency in the Midwest. Thus, more than likely this is a ploy to hold the Trump Administration accountable for how it is using the money...

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farm-inputs

Phosphate and Potash Added to Critical Minerals List

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Summary of Futures

Dec 25 Corn closed at $4.2725/bushel, down $0.015 from yesterday's close.  Dec 25 Wheat closed at $5.2775/bushel, down $0.0775 from yesterday's close.  Jan 26 Soybeans closed at $11.17/bushel, up $0.095 from yesterday's close.  Dec 25 Soymeal closed at $317.1/short ton, up $4.4 f...

feed-grains soy-oilseeds wheat

WPI Crop Balance Sheet Forecasts

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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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