World Perspectives
livestock

Cattle on Feed Report: Record-High Placements for March

The dynamics between fed cattle marketings and placements are analyzed with their implications for next quarters' beef demand and pricing. Feedlot turnover ratios show that cattle feeders are remaining relatively current on marketings. However, placement data suggests the current supply/demand relationships may be changing substantially.According to USDA’s Cattle on Feed report (COF), the number of head in feedyards of 1,000 head or larger capacity as of 1 April was slightly more than the pre-report estimates. However, placements during March far exceeeded those same estimates because of two factors.According to USDA’s Cattle on Feed report (COF), there were 10.9 million head in feedyards of 1,000 head or larger capacity as of 1 April, just...

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feed-grains soy-oilseeds wheat

Market Commentary: Ags Sink on Risk-Off Day Despite Weaker Dollar

The CBOT was higher overnight as the U.S. dollar fell to a three-year low, but the day session saw the major ag market slip lower and end in the red with pressure from macroeconomic markets increasing. In addition to sparking trade wars with nearly every major U.S. trading partner, U.S. Preside...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8175/bushel, down $0.005 from yesterday's close.  May 25 Wheat closed at $5.385/bushel, down $0.1025 from yesterday's close.  May 25 Soybeans closed at $10.295/bushel, down $0.07 from yesterday's close.  May 25 Soymeal closed at $292.9/short ton, down $2...

Barriers are Good; Squeezed in the Trade War; Calculating the Impacts; Tax is a Tax

Barriers are Good The issue de jour is tariffs. Donald Trump is vilified by conventionalists for the self-induced wound of raising this single barrier to business. As a businessman, Trump sees a complex web of market barriers. Domestic regulations, domestic taxes, but also foreign tariffs (taxe...

feed-grains soy-oilseeds wheat

Market Commentary: Ags Sink on Risk-Off Day Despite Weaker Dollar

The CBOT was higher overnight as the U.S. dollar fell to a three-year low, but the day session saw the major ag market slip lower and end in the red with pressure from macroeconomic markets increasing. In addition to sparking trade wars with nearly every major U.S. trading partner, U.S. Preside...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8175/bushel, down $0.005 from yesterday's close.  May 25 Wheat closed at $5.385/bushel, down $0.1025 from yesterday's close.  May 25 Soybeans closed at $10.295/bushel, down $0.07 from yesterday's close.  May 25 Soymeal closed at $292.9/short ton, down $2...

Barriers are Good; Squeezed in the Trade War; Calculating the Impacts; Tax is a Tax

Barriers are Good The issue de jour is tariffs. Donald Trump is vilified by conventionalists for the self-induced wound of raising this single barrier to business. As a businessman, Trump sees a complex web of market barriers. Domestic regulations, domestic taxes, but also foreign tariffs (taxe...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina Macroeconomic Updates Argentina saw a shortened trading week, with no markets last Thursday and Friday. It was also the first week of trading under the new exchange rate regulations, so it took the markets a few days to adjust. Regarding the official exchange rate, it opened on Monday...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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