World Perspectives

Workers of World United

The analytics company CultureX says that people are more likely to quit their jobs due to a toxic workplace culture than due to their salary. That may be true but a Bain & Company survey of 20,000 workers in ten countries found that compensation was the number one issue for employees. This was particularly true in the U.S. and Japan.  The number two priority was being engaged in interesting work, an especially important aspect for workers in France and Germany. Job security was number three, with the U.S., Germany and India tied in scoring that attribute. And number four on the list was flexibility, which was really important in Japan, a country trying to move from an endless work week to a four-day schedule.  Notably, the l...

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livestock

Cattle on Feed

U.S. Cattle on Feed Up 1 Percent: Cattle on feed for the slaughter in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on January 1, 2022. Placements in feedlots during December totaled 1.96 million head - 6 percent above 2020.  Marketings of fe...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.1625/bushel, up $0.0525 from yesterday's close.  Mar 22 Wheat closed at $7.8/bushel, down $0.1025 from yesterday's close.  Mar 22 Soybeans closed at $14.1425/bushel, down $0.115 from yesterday's close.  Mar 22 Soymeal closed at $392.7/short ton, down $8.1...

feed-grains soy-oilseeds wheat

Market Commentary: Corn, Soyoil, Hogs Post Bullish Days; Soybeans, Wheat Fall on Profit Taking

The CBOT traded a mixed day to end a volatile and mostly bullish week. Corn and lean hog futures rallied with March corn posting a new seven-month high and hog futures posting fresh contract highs. Soybeans and wheat, however, could not match the bullishness of the corn market and ended lower i...

livestock

Cattle on Feed

U.S. Cattle on Feed Up 1 Percent: Cattle on feed for the slaughter in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on January 1, 2022. Placements in feedlots during December totaled 1.96 million head - 6 percent above 2020.  Marketings of fe...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.1625/bushel, up $0.0525 from yesterday's close.  Mar 22 Wheat closed at $7.8/bushel, down $0.1025 from yesterday's close.  Mar 22 Soybeans closed at $14.1425/bushel, down $0.115 from yesterday's close.  Mar 22 Soymeal closed at $392.7/short ton, down $8.1...

feed-grains soy-oilseeds wheat

Market Commentary: Corn, Soyoil, Hogs Post Bullish Days; Soybeans, Wheat Fall on Profit Taking

The CBOT traded a mixed day to end a volatile and mostly bullish week. Corn and lean hog futures rallied with March corn posting a new seven-month high and hog futures posting fresh contract highs. Soybeans and wheat, however, could not match the bullishness of the corn market and ended lower i...

livestock

COF: Record December Placements

USDA released its monthly cattle on feed report; it was on the bearish side with record placements for December that were well above pre-report expectations and marketings 1 percent below pre-report forecasts falling below current. Average daily marketings were 84,409 in December based on 22 w...

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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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