World Perspectives
livestock

Cattle on Feed - March 2025

U.S. Cattle on Feed in U.S. feedlots with capacity of 1,000 or more head was 11.6 million head on March 1, 2025. The inventory was 2 percent below March 1, 2024.  Placements in feedlots during February totaled 1.55 million head, 18 percent below 2024.  Marketings of fed cattle during February totaled 1.63 million head, 9 percent below 2024.  Other disappearance totaled 60,000 head during February, 7 percent above 2024.  ...

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Market Commentary: CBOT Gains After USDA Reports; Soyoil Leads Soy Complex Higher

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feed-grains soy-oilseeds wheat

Summary of Futures

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Uncertainty Ends

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feed-grains soy-oilseeds wheat

Market Commentary: CBOT Gains After USDA Reports; Soyoil Leads Soy Complex Higher

The CBOT was mostly higher following the all-important Prospective Plantings and Grain Stocks reports with traders looking to price in emerging factors now that USDA’s thoughts on the acreage situation are known. For corn, the emerging factors are dryness in Brazil that could start to thr...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.6175/bushel, up $0.045 from yesterday's close.  May 25 Wheat closed at $5.405/bushel, up $0.035 from yesterday's close.  May 25 Soybeans closed at $10.3425/bushel, up $0.195 from yesterday's close.  May 25 Soymeal closed at $292.3/short ton, down $0.4 fro...

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Quick Hits: Agency Employment, Grains Reports, and Biofuels

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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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