World Perspectives
livestock

Livestock Roundup: Summer Cattle

The beef and cattle market is now past the milestone 4th of July holiday, between Memorial Day and Labor Day weekends that define the high demand season. Beef demand has held up so far and so has cattle supply, perhaps more than otherwise would have been expected. The last cattle on feed report showed on feed inventories at 100 percent of last year.  The value of 90 percent lean beef was 30 percent higher from the week before Memorial Day 2024 through the 4th of July compared to the same period last year. Of course, that has less to do with fed cattle supplies and is more reflective of significantly lower cow slaughter – including both beef and dairy cows. Cow slaughter was down 4.5 percent in May and down 12.5 percent for Janua...

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feed-grains soy-oilseeds wheat

Market Commentary: Tick Tock on South American Weather

TikTok is still operating but the tick tock on South American will eventually run out of time. Notable developments today included a lower open, but still plenty of strength. Corn remains up about a nickel for the week, beans up more than 30-cents and while wheat dipped today, the large gains l...

Rollins Rolled; Cluelessness at the Top

Rollins Rolled Poised, confident, charming - USDA Secretary-Designate Brooke Rollins hit the trifecta today at her confirmation hearing before the Senate Agriculture Committee. She mostly just needed to show that she supported U.S. agriculture. After all, Donald Trump won over 98 percent of the...

livestock

Livestock Roundup: Bullish Feeder Pig Market

Bullish feeder pig prices could signal an expected return to improved profitability for hog production later this year.   The 17 January National Direct Feeder Pig Report showed the weighted average (cash and formula) price of 10-12 pound early weaned pigs was $82.37 per head on...

feed-grains soy-oilseeds wheat

Market Commentary: Tick Tock on South American Weather

TikTok is still operating but the tick tock on South American will eventually run out of time. Notable developments today included a lower open, but still plenty of strength. Corn remains up about a nickel for the week, beans up more than 30-cents and while wheat dipped today, the large gains l...

Rollins Rolled; Cluelessness at the Top

Rollins Rolled Poised, confident, charming - USDA Secretary-Designate Brooke Rollins hit the trifecta today at her confirmation hearing before the Senate Agriculture Committee. She mostly just needed to show that she supported U.S. agriculture. After all, Donald Trump won over 98 percent of the...

livestock

Livestock Roundup: Bullish Feeder Pig Market

Bullish feeder pig prices could signal an expected return to improved profitability for hog production later this year.   The 17 January National Direct Feeder Pig Report showed the weighted average (cash and formula) price of 10-12 pound early weaned pigs was $82.37 per head on...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.8975/bushel, up $0.055 from yesterday's close.  Mar 25 Wheat closed at $5.54/bushel, up $0 from yesterday's close.  Mar 25 Soybeans closed at $10.655/bushel, up $0.095 from yesterday's close.  Mar 25 Soymeal closed at $315.3/short ton, down $0.5 from yest...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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