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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WPI Grain Transportation Report

Dry bulk markets were quiet and mostly flat last week. Spot rates softened a little bit as vessel owners threw in the towel on waiting for improved demand. Most hopes for any recovery in rates now rests on the new U.S.-China trade deal.  After the positive meeting between Presidents Xi and...

feed-grains soy-oilseeds wheat

Market Commentary: Beans for Chips, De-escalation Volatility

It was sell the rumor buy the fact in a Topsy-Turvey 24 hours of trading on what happened in South Korea between the world’s two top leaders. Presidents Trump and Xi made a deal, but the details were initially vague, and some skepticism remains. Treasury Secretary Scott Bessent tried to p...

livestock

Livestock Roundup: China and U.S. Trade Deal, Red Meat Terms Unknown

The biggest news today was the announcement that China will purchase 25 MMT of soybeans per year for the next three years and 12 MMT of soybeans this year. The announcement was made in anticipation of a new trade deal. President Trump and China’s President Xi met for an hour and 45 minute...

WPI Grain Transportation Report

Dry bulk markets were quiet and mostly flat last week. Spot rates softened a little bit as vessel owners threw in the towel on waiting for improved demand. Most hopes for any recovery in rates now rests on the new U.S.-China trade deal.  After the positive meeting between Presidents Xi and...

feed-grains soy-oilseeds wheat

Market Commentary: Beans for Chips, De-escalation Volatility

It was sell the rumor buy the fact in a Topsy-Turvey 24 hours of trading on what happened in South Korea between the world’s two top leaders. Presidents Trump and Xi made a deal, but the details were initially vague, and some skepticism remains. Treasury Secretary Scott Bessent tried to p...

livestock

Livestock Roundup: China and U.S. Trade Deal, Red Meat Terms Unknown

The biggest news today was the announcement that China will purchase 25 MMT of soybeans per year for the next three years and 12 MMT of soybeans this year. The announcement was made in anticipation of a new trade deal. President Trump and China’s President Xi met for an hour and 45 minute...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3025/bushel, down $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.2425/bushel, down $0.08 from yesterday's close.  Jan 26 Soybeans closed at $11.0775/bushel, up $0.1325 from yesterday's close.  Dec 25 Soymeal closed at $315.6/short ton, up $6.9...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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