As the end of this year and the beginning of the next one nears, it is hard to resist looking back at what has occurred and speculating about what lies ahead.As the end of this year and the beginning of the next one nears, it is hard to resist looking back at what has occurred and speculating about what lies ahead. There are a number of things that stand out in 2016 as having considerable importance to markets and the business of agriculture. Following are a few that make our own highly subjective list:
2016/17 will be a year for new production records and the fourth consecutive one of very large grain and oilseed crops for both the U.S. and the world. The U.S. had record-large corn and soybean production in 2016 and set yield records fo...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...