World Perspectives

Divergence of Markets; Fear No Beer; Little Net Gain

Divergence of Markets Food away from home has been outpacing food at home as the cost of human services has written. The categories on the rise include meat, eggs, produce, and alcohol. Food prices are unlikely to descend and even food price discounter Walmart has struggled to restrain what they charge to their budget conscious costumers. Prices that have declined include bananas, salmon, pork chops and sweet potatoes. Nonetheless, one troubling result is that the number of Americans reporting that they lack sufficient food rose 25 percent in 2024. At the same time, more affluent shoppers are increasing their purchases of more expensive organic foods by 13.9 percent CAGR.  Through a combination of production hurdles and health concerns...

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feed-grains soy-oilseeds wheat

Market Commentary: Corn Leads Grains Lower on Fund Selling; Cattle Hit New Highs Again

Except for the cattle markets, the CBOT was sharply lower to start the week with trade policy, favorable weather, and weak technicals and large noncommercial short positions weighing on market sentiment. Cattle futures managed to rise to new all-time highs after last week’s record-breakin...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.5425/bushel, down $0.1475 from yesterday's close.  Jul 25 Wheat closed at $5.3125/bushel, down $0.1175 from yesterday's close.  Jul 25 Soybeans closed at $10.455/bushel, down $0.125 from yesterday's close.  Jul 25 Soymeal closed at $295.5/short ton, down...

Trade Policy Contradictions

There are numerous trade policy contradictions, both between the U.S. and other countries, and within U.S. politics. Internationally, China worries about its import dependence for oil and food, investing heavily in alternative energy and domestic food production while encouraging livestock prod...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Leads Grains Lower on Fund Selling; Cattle Hit New Highs Again

Except for the cattle markets, the CBOT was sharply lower to start the week with trade policy, favorable weather, and weak technicals and large noncommercial short positions weighing on market sentiment. Cattle futures managed to rise to new all-time highs after last week’s record-breakin...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.5425/bushel, down $0.1475 from yesterday's close.  Jul 25 Wheat closed at $5.3125/bushel, down $0.1175 from yesterday's close.  Jul 25 Soybeans closed at $10.455/bushel, down $0.125 from yesterday's close.  Jul 25 Soymeal closed at $295.5/short ton, down...

Trade Policy Contradictions

There are numerous trade policy contradictions, both between the U.S. and other countries, and within U.S. politics. Internationally, China worries about its import dependence for oil and food, investing heavily in alternative energy and domestic food production while encouraging livestock prod...

livestock

FDA Approves PRRS Resistant Pigs

After years of research and a lengthy regulatory approval process, Genus Pig Improvement Company (PIC) has received clearance from the U.S. Food and Drug Administration (FDA) for the gene edited PRRS-resistant pig (PRP) to be used in the U.S. food supply chain. Genus executives note this is a s...

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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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