World Perspectives

We’ve Already Got More than $3 Trillion Stimulus – Without the Pending Bill

Congress has passed a continuing resolution to keep the government open until 3 December. The Senate has passed a temporary debt ceiling increase which is now headed to the House of Representatives where it wll be voted on Tuesday, 12 October. With that tidyed up, Congress can go back to the $1.2 trillion infrastructure plan (which the Senate has passed and the House is scheduling for a 31 October vote) and the $3.5 trillion Biden American Families Plan stimulus package. But, as concerns over inflation mount, it’s worth taking a closer look at what all the COVID releif to date has done in the economy. The money supply is about $3.8 trillion more than what it would have been if the economy grew at the average pace it has over the...

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feed-grains soy-oilseeds wheat

Market Commentary: Bulls Win Post-WASDE Standoff

Monday’s CBOT trade quickly erased any hints of weakness that emerged during Friday’s post-WASDE selloff. The WASDE itself was – in WPI’s view – either bearish or neutral the major commodities, but futures didn’t see it that way on Monday. The soybean and soy...

livestock

Qualified WASDE Livestock Numbers

USDA released the November World Agricultural Supply and Demand Estimates (WASDE) report on Friday, the first report since September due to the government shutdown. In it, USDA lowered its 2025 red meat production forecast and increased its broiler production outlook. However, the WASDE include...

Show us the Beef; Cost of Living (crisis); State Excesses

Show us the Beef The last American president with a knowledge of agriculture was Jimmy Carter back in the 1970’s. The largest problem policymakers have is squaring the competing concerns of consumers and producers. The latest example is beef. President Trump is increasing beef imports to...

feed-grains soy-oilseeds wheat

Market Commentary: Bulls Win Post-WASDE Standoff

Monday’s CBOT trade quickly erased any hints of weakness that emerged during Friday’s post-WASDE selloff. The WASDE itself was – in WPI’s view – either bearish or neutral the major commodities, but futures didn’t see it that way on Monday. The soybean and soy...

livestock

Qualified WASDE Livestock Numbers

USDA released the November World Agricultural Supply and Demand Estimates (WASDE) report on Friday, the first report since September due to the government shutdown. In it, USDA lowered its 2025 red meat production forecast and increased its broiler production outlook. However, the WASDE include...

Show us the Beef; Cost of Living (crisis); State Excesses

Show us the Beef The last American president with a knowledge of agriculture was Jimmy Carter back in the 1970’s. The largest problem policymakers have is squaring the competing concerns of consumers and producers. The latest example is beef. President Trump is increasing beef imports to...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3475/bushel, up $0.045 from yesterday's close.  Dec 25 Wheat closed at $5.4425/bushel, up $0.17 from yesterday's close.  Jan 26 Soybeans closed at $11.5725/bushel, up $0.3275 from yesterday's close.  Dec 25 Soymeal closed at $330.8/short ton, up $8.3 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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