World Perspectives

Bi-Partisan Budget Deal Agreement Outline Reached; 11 Days to Pass Ag Appropriations

As WPI has reported, the continuing resolution (CR) passed in November 2023 gave Congress two deadlines to pass the various 12 appropriations bills – the first milestone being 19 January for four appropriations bills, including the agriculture appropriations. Supplemental funding for these bills contained in the CR would otherwise expire if the four individual bills were not passed by 19 January. The second deadline is 2 February for the remaining eight appropriations bills.   Over the weekend, with 12 days to go before deadline number one, an outline of a bipartisan, bicameral agreement between the House Republican leadership and the Senate Democrat leadership was announced. Note this is discretionary funding, i.e., operat...

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livestock

Cattle on Feed

U.S. Cattle on Feed was down 2 percent from a year ago on May 1, 2025. Cattle in feedlots with capacity of 1,000 or more head and totaled 11.4 million.  Placements in feedlots during April totaled 1.61 million head, 3 percent below 2024.  Marketings of fed cattle during April totaled...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day but a Solid Week

Pre-Holiday Trade There was higher volume trading soybeans today, but generally lower pre-holiday volume in other contracts. Despite an overall strong week, Friday brought lower prices except for soyoil, HRS, and Feeder Cattle. It was the fourth session higher this week for Minneapolis wheat. P...

Memorial Day Holiday

Monday, 26 May is a U.S. holiday, the markets and our office will be closed. Please note that the next Ag Perspectives will be published on Tuesday, 27 May. The WPI staff hopes everyone has a good weekend...

livestock

Cattle on Feed

U.S. Cattle on Feed was down 2 percent from a year ago on May 1, 2025. Cattle in feedlots with capacity of 1,000 or more head and totaled 11.4 million.  Placements in feedlots during April totaled 1.61 million head, 3 percent below 2024.  Marketings of fed cattle during April totaled...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day but a Solid Week

Pre-Holiday Trade There was higher volume trading soybeans today, but generally lower pre-holiday volume in other contracts. Despite an overall strong week, Friday brought lower prices except for soyoil, HRS, and Feeder Cattle. It was the fourth session higher this week for Minneapolis wheat. P...

Memorial Day Holiday

Monday, 26 May is a U.S. holiday, the markets and our office will be closed. Please note that the next Ag Perspectives will be published on Tuesday, 27 May. The WPI staff hopes everyone has a good weekend...

livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. The total inventory of feedlots of 1,000 head or more capacity is 11.4 million head, 98 percent of last year.   This weekend commences the summer grilling season. Placements were 1.6 million head, 97 percent of last year, compare...

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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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