World Perspectives

Assistance Payments as Unpredictable as the Weather

After an approximate five-month delay, Congress has approved a $19 billion disaster bill that would cover in addition to other relief efforts, certain agricultural losses. The House passed the bill 354-58 yesterday (it failed the week before by one vote) and the Senate had passed it by a vote of 85-8 the previous week.    The legislation provides $3.005 billion for crop and livestock losses due to hurricanes, floods, tornadoes, wildfires and snowstorms during 2018 and 2019. Once funds are allocated for California, high Plains livestock, southern poultry and other crops, it is not clear how much will go to the corn sector (a great deal of which will be for corn in storage that was flooded). Note that corn was far cheaper at the ti...

WPI on Twitter

WPI POLL

Global Economy Outlook is?

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary

Soybeans quickly moved into the green during overnight trading and extended those gains early this morning. November soybeans finished that session 9.75 cents higher, which lent modest support to corn (up 1.75 cents) and wheat (September SRW up 2.25) futures as well. The day session featured st...

livestock

Ho-Hum Cattle on Feed and Cattle Inventory Reports

Two key cattle reports came out this afternoon after the market close, but there won’t be much excitement generated from either. The monthly Cattle on Feed (COF) report was spot-on with the industry’s pre-report expectations, and the Cattle Inventory report shows the herd unchanged...

feed-grains wheat livestock

Feeding the World

The current global population is estimated to total around 7.5 billion. By most measures, the world creates or produces enough food to feed them all. In theory, the world’s food security has never been higher. Nevertheless, it is estimated that around 800 million people – more than...

feed-grains soy-oilseeds wheat

Market Commentary

Soybeans quickly moved into the green during overnight trading and extended those gains early this morning. November soybeans finished that session 9.75 cents higher, which lent modest support to corn (up 1.75 cents) and wheat (September SRW up 2.25) futures as well. The day session featured st...

livestock

Ho-Hum Cattle on Feed and Cattle Inventory Reports

Two key cattle reports came out this afternoon after the market close, but there won’t be much excitement generated from either. The monthly Cattle on Feed (COF) report was spot-on with the industry’s pre-report expectations, and the Cattle Inventory report shows the herd unchanged...

feed-grains wheat livestock

Feeding the World

The current global population is estimated to total around 7.5 billion. By most measures, the world creates or produces enough food to feed them all. In theory, the world’s food security has never been higher. Nevertheless, it is estimated that around 800 million people – more than...

FOB Prices and Freight Rate App (Updated 19 July)

Update for 19 July 2019: Data updated for all routes/origins.    Update for 17 July 2019:   Data added for Romanian corn and wheat FOB and CNF Egypt.  Data added for feed wheat FOB Black Sea and CNF various destinations.  Tweet  4 May Update: Pushed a user interfa...

Image
From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up