World Perspectives

Senate Ag Committee Kicks Off with Rural Development and FTX Hearings

The Senate Agriculture Committee has scheduled hearings on the Rural Development and Energy titles of the farm bill as well as the Digital Commodities Consumer Protection Act of 2022 (DCCPA), which got a lot hotter after the FTX collapse. While this is still the 117th Congress, the rural development hearing was billed as the first for the 2023 farm bill which will be taken up in the next Congress. There will be few changes to the Senate Committee membership – there were only six Senators on the Agriculture Committee up for election this year and five won their races. The outstanding race is the Georgia run-off election of Senator Raphael Warnock (D-Georgia), and former Chairman Patrick Leahy (D-Vermont) retired. If Warnock wins, givi...

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Farm Bill and Prop 12 Federal Preemption

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WPI Crop Progress and Conditions App (Updated 15 April)

Update for 1 April 2024: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Falls on Stronger Dollar, Technical Trade; NOPA Crush Sets Record

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 15 April)

Update for 1 April 2024: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.315/bushel, down $0.04 from yesterday's close.  May 24 Wheat closed at $5.5175/bushel, down $0.0425 from yesterday's close.  May 24 Soybeans closed at $11.5825/bushel, down $0.1575 from yesterday's close.  May 24 Soymeal closed at $338.5/short ton, down $...

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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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