World Perspectives

Revolutionizing EU Agriculture; Squander Leverage/Solicit Good Will

Revolutionizing EU Agriculture The European Public Heath Alliance says agricultural support and promotion should end its focus on competitiveness and instead align with the health and sustainability goals of the Farm to Fork and European Green Deal initiatives. If adopted, this will upset the economics of many nutrient-dense foods considered Europe’s cultural heritage. Meanwhile, as Europe’s livestock producers fight to block a trade agreement with Mercosur and disparage U.S. production techniques in order to protect themselves from competition, some European Parliamentarians are proposing language that would enable plant-based protein products to use meat labeling terms currently reserved for animal-based proteins. France has...

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Market Commentary: International Demand Lifts Grains; Soybeans Sag Amid Quiet Export Markets

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Food Security Fraud

Yet another book is being written about the need for a strategic food reserve, this one by an organization with the “unbiased” name of “ACTION for Food Reserves.” It asserts the usual warning that “Two bad harvests in a row could mean famine for the world.” T...

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Summary of Futures

Mar 21 Corn closed at $4.2375/bushel, up $0.03 from yesterday's close.  Mar 21 Wheat closed at $5.885/bushel, up $0.1125 from yesterday's close.  Jan 21 Soybeans closed at $11.53/bushel, down $0.09 from yesterday's close.  Jan 21 Soymeal closed at $385.6/short ton, down $4.6 from...

feed-grains soy-oilseeds wheat

Market Commentary: International Demand Lifts Grains; Soybeans Sag Amid Quiet Export Markets

The CBOT is still trying to define new trading ranges and wheat and corn look to have accomplished that on Wednesday. Markets were steady/lower overnight as funds were net sellers in corn, wheat, and soybeans but the wheat market rallied sharply during the day session on a combination of intern...

feed-grains wheat

Food Security Fraud

Yet another book is being written about the need for a strategic food reserve, this one by an organization with the “unbiased” name of “ACTION for Food Reserves.” It asserts the usual warning that “Two bad harvests in a row could mean famine for the world.” T...

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Summary of Futures

Mar 21 Corn closed at $4.2375/bushel, up $0.03 from yesterday's close.  Mar 21 Wheat closed at $5.885/bushel, up $0.1125 from yesterday's close.  Jan 21 Soybeans closed at $11.53/bushel, down $0.09 from yesterday's close.  Jan 21 Soymeal closed at $385.6/short ton, down $4.6 from...

Uglier with a Smile; Also to be Disappointed

Uglier with a Smile President-Elect Joe Biden says he wants to normalize U.S. diplomacy following his predecessor’s bull in the china closet approach but there will still be an ugly side to it. The next chief executive already says he will not immediately remove Mr. Trump’s punitive...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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