World Perspectives

Election Snapshot and the Farm Bill

With the 2018 midterm election three weeks away, the Democrats need a 23-seat pickup in the House of Representatives to reach the 218 seats (of 435) necessary to gain majority control, and all seats are up for election. RealClearPolitics, a polling aggregator, currently has the “over/under” pickup odds at plus 24.5 seats for Democratic candidates (see below). Based on the above, 101 seats are in play to some degree with 29 rated as toss-ups. All of the latter are held by Republican incumbents, which stacks the odds in the Democrats’ favor. In the Senate, 51 seats are needed for a majority. With the vice president as the tie-breaking vote, however, Republicans would only need 50 seats for the next two years. There are 3...

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Summary of Futures

May 24 Corn closed at $4.335/bushel, up $0.0675 from yesterday's close.  Jul 24 Wheat closed at $5.6675/bushel, up $0.1375 from yesterday's close.  May 24 Soybeans closed at $11.505/bushel, up $0.1625 from yesterday's close.  Jul 24 Soymeal closed at $343.2/short ton, up $5.8 fro...

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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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