World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Still Chopping

GOOD MORNING, Prices continue to chop back and forth, as the focus now remains squarely on South American production.  In the background, corn and beans will square off in front of a new 2021 planting season.  Which crop needs to be planted the most, according to demand and stocks?  The bean/corn price ratio stands at a benign 2:57:1, suggesting that bean supplies are too low.  While beans suffer from a lack of current upside trend direction and biz, corn trade seems to be at the mercy of wheat direction.  Wheat prices chop back and forth in a wide range, rallying hard into last Friday and collapsing Monday.  Wheat prices fell Monday following lower Russian values, as producers rush to sell their crop before...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed But Steady with an Outside Surprise

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Livestock Industry Margins

Beef packer margins weakened further last week, with estimated net losses widening to -$247/head, extending the deterioration seen through late January. Boxed beef values were firmer last week, but gains failed to offset increases in fed cattle prices, resulting in additional margin compression...

A Year in Review: Impact of Tariffs on Agricultural and Food Processing Machinery

We now have nearly a year of data to work with on the impact of the Trump Administration’s tariffs.  When they were first announced, there was quite a bit of conjecture and some sophisticated economic analysis about how trade flows would be impacted. This brief analysis will focus br...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, down $0.0125 from yesterday's close.  Mar 26 Wheat closed at $5.3725/bushel, up $0.09 from yesterday's close.  Mar 26 Soybeans closed at $11.24/bushel, up $0.015 from yesterday's close.  Mar 26 Soymeal closed at $303/short ton, up $2.2 from ye...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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