World Perspectives

Gutsy USTR; Inflation Beats Exports; Ruble Hell

Gutsy USTR  USTR Katherine Tai is in an interagency battle over whether to lift tariffs on China to try and stem inflation, and she’s not backing down in her opposition to such a move. Yesterday she told Congress that, “The China tariffs are, in my view, a significant piece of leverage, and a trade negotiator never walks away from leverage.” Making such a strong statement on an issue undergoing internal Administration debate puts her in a very public fight against Treasury Secretary Janet Yellen, who favors the cuts.  Somebody will lose and historically, presidents have sided with the troika (State, Treasury, or Defense). She then even stepped directly onto the figurative turf of Treasury by telling the Committ...

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feed-grains soy-oilseeds wheat

Market Commentary: Weather Everywhere

Today’s trading brought corn and wheat back down to earth based on possible improved rains next week. Emphasis on possible since nothing is assured. Such a dry start is usually not the opening to a bin buster and all eyes are first on tomorrow’s weekly Drought Monitor report, next o...

Greenest Exporters; Slow to Go Green

Greenest Exporters Transatlantic duties on steel and aluminum were suspended in 2001 after the U.S. and EU agreed to pursue a Global Arrangement on Sustainable Steel and Aluminum. The arrangement would “use trade policy to confront the threats of climate change and global market distortio...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 23 Corn closed at $6.0425/bushel, down $0.0375 from yesterday's close.  Jul 23 Wheat closed at $6.1675/bushel, down $0.11 from yesterday's close.  Jul 23 Soybeans closed at $13.6075/bushel, up $0.075 from yesterday's close.  Jul 23 Soymeal closed at $405.2/short ton, up $8.5...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Everywhere

Today’s trading brought corn and wheat back down to earth based on possible improved rains next week. Emphasis on possible since nothing is assured. Such a dry start is usually not the opening to a bin buster and all eyes are first on tomorrow’s weekly Drought Monitor report, next o...

Greenest Exporters; Slow to Go Green

Greenest Exporters Transatlantic duties on steel and aluminum were suspended in 2001 after the U.S. and EU agreed to pursue a Global Arrangement on Sustainable Steel and Aluminum. The arrangement would “use trade policy to confront the threats of climate change and global market distortio...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 23 Corn closed at $6.0425/bushel, down $0.0375 from yesterday's close.  Jul 23 Wheat closed at $6.1675/bushel, down $0.11 from yesterday's close.  Jul 23 Soybeans closed at $13.6075/bushel, up $0.075 from yesterday's close.  Jul 23 Soymeal closed at $405.2/short ton, up $8.5...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 29 May – 2 June 2023  Russian farmers are in the final stage of spring planting. Russian Ministry of Agriculture reported that as of early June, 50.7 Mha were planted which is 92 percent of the forecast. A year ago, the planted area was 49.1 Mha. Spring grains...

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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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