World Perspectives

Pessimism Reigns

Global rules for liberalized trade such as the Uruguay Round depended upon strong U.S. leadership backed by the EU. The number of countercurrents to any return to that model are now overwhelming. China has mimicked the U.S. in using economic hostage taking to leverage more nativistic outcomes. Both the U.S. and China are headed toward a more kinetic conflict as China expands its military capacity and uses it in the South China Sea. Russian President Vladimir Putin is no free trader and he just won the right to rule his country for another 16 years.  No matter who succeeds Angela Merkel in Europe, or Donald Trump in the U.S., or the WTO in Geneva, there is no end to the bear market in agriculture based on expanding global demand and fr...

WPI on Twitter

Related Articles
feed-grains

WASDE Corn

 USDA forecasts U.S. corn production at 15.3 billion bushels, up 278 million from the July projection.  The season’s first survey-based corn yield forecast, at a record 181.8 bushels per acre, is 3.3 bushels higher than last month’s trend-based projection.  Today&rsqu...

wheat

WASDE Wheat

USDA raised U.S. wheat production 14 million bushels to 1,838 million as increased Hard Red Spring (HRS) and Durum production more than offsets lower winter wheat production as indicated by the NASS August 12 Crop Production report.  Projected 2020/21 exports are raised 25 million bushels...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macroeconomics Food Prices Up by 13.2 Percent in July For the second straight month, the cost of food in China was up year-on-year by double digits. Following a 11.1 percent increase in June, higher pork, vegetable, cooking oil, and dairy products pushed up food inflation to 13.2 percent, the l...

feed-grains

WASDE Corn

 USDA forecasts U.S. corn production at 15.3 billion bushels, up 278 million from the July projection.  The season’s first survey-based corn yield forecast, at a record 181.8 bushels per acre, is 3.3 bushels higher than last month’s trend-based projection.  Today&rsqu...

wheat

WASDE Wheat

USDA raised U.S. wheat production 14 million bushels to 1,838 million as increased Hard Red Spring (HRS) and Durum production more than offsets lower winter wheat production as indicated by the NASS August 12 Crop Production report.  Projected 2020/21 exports are raised 25 million bushels...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macroeconomics Food Prices Up by 13.2 Percent in July For the second straight month, the cost of food in China was up year-on-year by double digits. Following a 11.1 percent increase in June, higher pork, vegetable, cooking oil, and dairy products pushed up food inflation to 13.2 percent, the l...

feed-grains soy-oilseeds wheat

PM Post - Relief Rally?!

THE OPEN November beans:  2 higher December meal:  .40 lower December soyoil:  37 higher December corn:  steady September wheat:  3 lower Prices opened as expected with a minor bounce in corn met with some early hedge pressure pre-report, as a just-in-case the report wa...

Image
From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up