World Perspectives
biofuel

Energy and Agriculture

Global agriculture produces energy, with 23 percent of ethanol produced from sugarcane, and another 7 percent produced from the molasses byproduct of processing sugarcane or sugarbeets. Increased production of ethanol has caused global sugar carryover to decline. Agriculture is also a major consumer of energy, utilizing 30 percent of BTU’s particularly through diesel and fertilizer.   Without energy, manufacturing is dead. Germany has shown how to make its manufacturing sector suffer via dumb energy policy, such as phasing out all of its nuclear power plants and becoming fully at the mercy of the pariah state Russia for its energy needs.  ...

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May 26 Corn closed at $4.655/bushel, down $0.0425 from yesterday's close.  May 26 Wheat closed at $5.9525/bushel, down $0.1275 from yesterday's close.  May 26 Soybeans closed at $11.6125/bushel, down $0.0725 from yesterday's close.  May 26 Soymeal closed at $328/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Pragmatic Escape Ahead of Weekend

On Monday of this week, traders were met with limit-down losses in soybeans, plus double-digit losses in corn, soymeal, and wheat. For many, it didn’t feel good. The war in Iran presented surprises, including the postponement of a Trump-Xi meeting expected to sell some soybeans. Fundament...

livestock

Cattle on Feed Report: Neutral

USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.5 million head, just slightly below last year.  Marketings were 1.52 million head, at 93 percent of last year, in line with the pre...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.655/bushel, down $0.0425 from yesterday's close.  May 26 Wheat closed at $5.9525/bushel, down $0.1275 from yesterday's close.  May 26 Soybeans closed at $11.6125/bushel, down $0.0725 from yesterday's close.  May 26 Soymeal closed at $328/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Pragmatic Escape Ahead of Weekend

On Monday of this week, traders were met with limit-down losses in soybeans, plus double-digit losses in corn, soymeal, and wheat. For many, it didn’t feel good. The war in Iran presented surprises, including the postponement of a Trump-Xi meeting expected to sell some soybeans. Fundament...

livestock

Cattle on Feed Report: Neutral

USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.5 million head, just slightly below last year.  Marketings were 1.52 million head, at 93 percent of last year, in line with the pre...

soy-oilseeds biofuel energy

Soy Product Pricing and Crush Margins Amid Energy Uncertainty

Volatility has been the key word for commodity markets lately, especially the energy complex and anything loosely tied to it. The effective derivatives of the energy complex include, through the linkages of biodiesel, soyoil, and soybeans, and these markets have seen incredible rallies this yea...

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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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