World Perspectives

White House Hypocrisy; Support for Thailand; Green Protectionism; The Real Foe

White House Hypocrisy The economy, and specifically inflation, is one of four top issues dogging President Biden’s reelection campaign and the White House has a solution. It is forming a multiagency “strike force” to curb “unfair and illegal” pricing. Most sellers will be unaware of any legal limits on pricing unless they own property in rent control areas. That is because there is no such thing. It is also difficult to define unfair prices in a capitalist economy. But what about services that are not subject to competition, such as those provided by the government? In 2023, the Biden Administration jacked up many of the fees that government charges for basic government services. For example, the fee for filin...

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feed-grains soy-oilseeds wheat

Market Commentary: Year End Rally in Corn and Beans

The day’s trading started out hum and glum. Corn and soybean contracts moved modestly like their overnight closes and stayed marginal for most of the day. Soyoil was continuing its recent mostly negative run. Wheat never went anywhere important, high or low.  Then there was a breakout late...

Happy New Year from WPI

The WPI team extends our best wishes to you and your families for a healthy and happy New Year. Thank you for your faithful readership, we are looking forward to serving you in the New Year! Please note that our next report will be issued Thursday, 2 January as the U.S. markets are closed...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.585/bushel, up $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.515/bushel, up $0.0325 from yesterday's close. Mar 25 Soybeans closed at $10.105/bushel, up $0.1875 from yesterday's close. Mar 25 Soymeal closed at $316.9/short ton, up $5.1 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: Year End Rally in Corn and Beans

The day’s trading started out hum and glum. Corn and soybean contracts moved modestly like their overnight closes and stayed marginal for most of the day. Soyoil was continuing its recent mostly negative run. Wheat never went anywhere important, high or low.  Then there was a breakout late...

Happy New Year from WPI

The WPI team extends our best wishes to you and your families for a healthy and happy New Year. Thank you for your faithful readership, we are looking forward to serving you in the New Year! Please note that our next report will be issued Thursday, 2 January as the U.S. markets are closed...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.585/bushel, up $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.515/bushel, up $0.0325 from yesterday's close. Mar 25 Soybeans closed at $10.105/bushel, up $0.1875 from yesterday's close. Mar 25 Soymeal closed at $316.9/short ton, up $5.1 from ye...

Death of Ag Bidenomics; China 2025; Import Sensitivity

Death of Ag BidenomicsMuch has been written about Bidenomics. Its fans bemoan that the data is good, but the voters failed to appreciate that specific messaging; critics ridicule the policies for waste and misdirection. Bidenomics mostly doesn’t matter in agriculture where cyclicality is the dr...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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