World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

Macroeconomics Food Prices Up Nearly 5 Percent In December For the ninth straight month, the average cost of food across various categories climbed. It was up 4.8 percent this past December from a year ago. That is up from the increase in November, which amounted to an annualized uptick of 3.7 percent.  With hog prices seeing a sharp decline, the average price of pork meat rose year-on-year by 22.2 percent last month, which was down from a 34.4 percent rise in November. Fresh vegetables continued to decline, edging down 8 percent. In contrast, fresh fruit, milk, eggs, and cooking oils were up last month by 11 percent, 1.2 percent, 9.6 percent, and 7.2 percent, respectively. With food prices edging up, inflation on an annual basis ros...

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Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Wow, Some Fun Information!

USDA’s much anticipated Prospective Plantings and Quarterly Stocks reports had few shockers, but they did shuffle the board a bit. First, the top line stuff: Corn Planted area was expected to drop due to higher input costs and lower prices, but USDA’s 90-million-acre number was at t...

livestock

Livestock Roundup: Hogs and Pigs Report Neutral with Bearish Undertones

Today, USDA released its quarterly Hogs and Pigs report for the December through February quarter. The total inventory of hogs and pigs on 1 March was 74.6 million head, which was 101 percent of March 2023 and the highest since 2020. That was slightly higher than pre-report expectations. Total...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.42/bushel, up $0.1525 from yesterday's close.  May 24 Wheat closed at $5.6025/bushel, up $0.1275 from yesterday's close.  May 24 Soybeans closed at $11.915/bushel, down $0.01 from yesterday's close.  May 24 Soymeal closed at $337.7/short ton, down $1.3 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Wow, Some Fun Information!

USDA’s much anticipated Prospective Plantings and Quarterly Stocks reports had few shockers, but they did shuffle the board a bit. First, the top line stuff: Corn Planted area was expected to drop due to higher input costs and lower prices, but USDA’s 90-million-acre number was at t...

livestock

Livestock Roundup: Hogs and Pigs Report Neutral with Bearish Undertones

Today, USDA released its quarterly Hogs and Pigs report for the December through February quarter. The total inventory of hogs and pigs on 1 March was 74.6 million head, which was 101 percent of March 2023 and the highest since 2020. That was slightly higher than pre-report expectations. Total...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.42/bushel, up $0.1525 from yesterday's close.  May 24 Wheat closed at $5.6025/bushel, up $0.1275 from yesterday's close.  May 24 Soybeans closed at $11.915/bushel, down $0.01 from yesterday's close.  May 24 Soymeal closed at $337.7/short ton, down $1.3 fr...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for period March 15-21, 2024. Wheat:  Net sales of 339,600 metric tons (MT) for 2023/2024 were down noticeably from the previous week, but up noticeably from the prior 4-week average. Export shipments of 408,900 MT were up 3 percent from the previous week, but do...

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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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