World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 219,200 metric tons (MT) for 2020/2021 were up 31 percent from the previous week, but down 51 percent from the prior 4-week average.   Corn:  Net sales of 115,900 MT for 2020/2021--a marketing-year low--were down 74 percent from the previous week and 96 percent from the prior 4-week average.   Soybeans:   Net sales of 334,000 MT for 2020/2021 were up noticeably from the previous week, but down 33 percent from the prior 4-week average. Soybean Cake and Meal:   Net sales of 187,400 MT for 2020/2021 were up 17 percent from the previous week, but down 28 percent from the prior 4-week average.  Soybean Oil:   Net sales of 5,500 MT for 2020/2021 were up 25 p...

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Beef packer margins reversed sharply lower last week, swinging back into negative territory after six straight weeks of positive returns. Margins fell $145/head to –$75 as fed cattle prices rebounded $7/cwt (live basis), while the Choice cutout slipped nearly $7/cwt. The rapid compression...

FOB Prices and Freight Rates App (Updated 17 December)

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feed-grains soy-oilseeds wheat

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Each year, the Chinese zodiac calendar features one animal to mark and typify the coming 365 days. If that process were applied to CBOT trade, Tuesday would have been the “day of the bear”, with all major grain markets ending in the red. The only specific trigger was the bearish NOP...

livestock

Livestock Industry Margins

Beef packer margins reversed sharply lower last week, swinging back into negative territory after six straight weeks of positive returns. Margins fell $145/head to –$75 as fed cattle prices rebounded $7/cwt (live basis), while the Choice cutout slipped nearly $7/cwt. The rapid compression...

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feed-grains soy-oilseeds wheat

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softs

Bearish Sugar Prices to Continue Despite Production Increases

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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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