World Perspectives
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Food is Secure, For Now

EU Environment Commissioner Virginijus Sinkevičius says that Europe is now food secure and that sustainability and environment should take primacy over production agriculture. He is correct from the standpoint that global carryover stocks of the major agricultural commodities have grown by 90 percent over the past decade. Meanwhile, the world’s population grew only 5 percent over that same period.  However, Commissioner Sinkevičius is not an agricultural economist and likely does not appreciate how quickly a food fortune can disappear. For example, surplus stocks in these commodities fell by 15 percent during the first decade of this century. Nothing focused the minds of the world’s leaders back then than the psychology of...

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feed-grains

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China is Officially a Presidential Campaign Issue

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feed-grains

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 20 Corn closed at $3.365/bushel, down $0.0825 from yesterday's close.  Sep 20 Wheat closed at $5.2475/bushel, down $0.0925 from yesterday's close.  Nov 20 Soybeans closed at $8.7525/bushel, down $0.155 from yesterday's close.  Dec 20 Soymeal closed at $291.7/short ton, down $...

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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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