World Perspectives

Cultivated versus Uncouth; All or Nothing; Genetic Enforcement

Cultivated versus Uncouth The Italian Chamber of Deputies passed a law banning the sale of cultivated meat. The law will prevent the production and sale of food or feed "from cell cultures or tissues derived from vertebrate animals." Apparently, you can only eat animals in Italy. But they’ll treasure their tripe and serve a bowl of nothing but animal fat and call it “soupe.” They try to fancy it up with names like Pani ca Meusa – Palermo, but it is still just a veal lung and spleen sandwich. They can ban whatever they like, but it likely is illegal under the WTO. All or Nothing India and 80 other countries are angry at World Trade Organization Director-General Ngozi Okonjo-Iweala. She initially scheduled an inform...

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Political Risk to Agribusiness

The Biden Administration and others have already shown their animosity toward Big Ag. Heading into 2024 the hate may grow larger. The President’s reelection campaign, and that of the Democratic Party, is threatened by voter dissatisfaction with the economy. Specifically, they are upset ab...

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Market Commentary: Fewer Bears Ahead of WASDE

Confidence in short positions was slightly challenged today as traders positioned ahead of tomorrow’s USDA December WASDE. January soybeans jumped back 16.25 cents today, though not enough to offset a string of earlier double-digit losses. Thus far this week, January soybeans are down 13...

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Summary of Futures

Mar 24 Corn closed at $4.88/bushel, up $0.0375 from yesterday's close.  Mar 24 Wheat closed at $6.4225/bushel, up $0.0875 from yesterday's close.  Jan 24 Soybeans closed at $13.1175/bushel, up $0.1625 from yesterday's close.  Jan 24 Soymeal closed at $406.8/short ton, down $1.7 f...

Political Risk to Agribusiness

The Biden Administration and others have already shown their animosity toward Big Ag. Heading into 2024 the hate may grow larger. The President’s reelection campaign, and that of the Democratic Party, is threatened by voter dissatisfaction with the economy. Specifically, they are upset ab...

feed-grains soy-oilseeds wheat

Market Commentary: Fewer Bears Ahead of WASDE

Confidence in short positions was slightly challenged today as traders positioned ahead of tomorrow’s USDA December WASDE. January soybeans jumped back 16.25 cents today, though not enough to offset a string of earlier double-digit losses. Thus far this week, January soybeans are down 13...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 24 Corn closed at $4.88/bushel, up $0.0375 from yesterday's close.  Mar 24 Wheat closed at $6.4225/bushel, up $0.0875 from yesterday's close.  Jan 24 Soybeans closed at $13.1175/bushel, up $0.1625 from yesterday's close.  Jan 24 Soymeal closed at $406.8/short ton, down $1.7 f...

Hobbling AI; Chinese Spin; F2F Setback

Hobbling AI The EU has neared agreement on doing what it does best, regulating. This time its target is artificial intelligence. France and Germany were reluctant participants because they have their own startup AI companies and didn’t want to hobble them. Regulatory hobbling from Brussel...

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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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