World Perspectives

War Wrecks WTO; Crisis Leads to Reform

War Wrecks WTO The WTO was splintered before Russia attacked Ukraine but now progress on key issues is even less likely. The splintering at the UN and between countries opposed to the war and abstaining from taking a position has become a litmus test. There are countries imposing export restrictions while others try to use the crisis to justify controversial policies, such as permanent public stockholding. The Economist estimates that over the next five years, 16-26 percent of exported goods production will shift locations. This will also shift the policy alliances and the animosities. Crisis Leads to Reform The broken supply chains and displacements that saw U.S. agricultural goods stranded on the West Coast have been the impetus for po...

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Un-Trade Agreements; Ag in Big Beautiful Bill; CAP Controversy

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WPI Crop Progress and Conditions App (Updated 30 June)

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Summary of Futures

Sep 25 Corn closed at $4.0925/bushel, down $0.0225 from yesterday's close.  Sep 25 Wheat closed at $5.3825/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, up $0.0225 from yesterday's close.  Aug 25 Soymeal closed at $275.8/short ton, up $0.2...

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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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