World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for November 24-30, 2023. Wheat:  Net sales of 356,400 metric tons (MT) for 2023/2024 were down 43 percent from the previous week, but up 8 percent from the prior 4-week average. Export shipments of 198,900 MT were down 42 percent from the previous week and 27 percent from the prior 4-week average. The destinations were primarily to the Philippines (52,700 MT), Japan (50,600 MT), Mexico (24,900 MT), Jamaica (22,000 MT), and Egypt (20,300 MT - late).   Corn:  Net sales of 1,288,900 MT for 2023/2024 were down 33 percent from the previous week and 17 percent from the prior 4-week average. Total net sales of 22,900 MT for 2024/2025 were for Mexico. Export shipments of 1,086,100 MT--a marketing-ye...

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Memorial Day Holiday

Monday, 26 May is a U.S. holiday, the markets and our office will be closed. Please note that the next Ag Perspectives will be published on Tuesday, 27 May. The WPI staff hopes everyone has a good weekend...

livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. The total inventory of feedlots of 1,000 head or more capacity is 11.4 million head, 98 percent of last year.   This weekend commences the summer grilling season. Placements were 1.6 million head, 97 percent of last year, compare...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.595/bushel, down $0.035 from yesterday's close.  Jul 25 Wheat closed at $5.425/bushel, down $0.02 from yesterday's close.  Jul 25 Soybeans closed at $10.6025/bushel, down $0.0725 from yesterday's close.  Jul 25 Soymeal closed at $296.2/short ton, down $2...

Memorial Day Holiday

Monday, 26 May is a U.S. holiday, the markets and our office will be closed. Please note that the next Ag Perspectives will be published on Tuesday, 27 May. The WPI staff hopes everyone has a good weekend...

livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. The total inventory of feedlots of 1,000 head or more capacity is 11.4 million head, 98 percent of last year.   This weekend commences the summer grilling season. Placements were 1.6 million head, 97 percent of last year, compare...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.595/bushel, down $0.035 from yesterday's close.  Jul 25 Wheat closed at $5.425/bushel, down $0.02 from yesterday's close.  Jul 25 Soybeans closed at $10.6025/bushel, down $0.0725 from yesterday's close.  Jul 25 Soymeal closed at $296.2/short ton, down $2...

livestock

Cow-Calf Profitability Improves, Indicates Herd Rebuilding

Southern Plains cow-calf producers’ financial outlook continues to improve with the recent gains in feeder cattle prices and overall weakness in feed costs so far in 2025. Returns on an inflation-adjusted basis remain below those of 2014 and 2015, but recent gains in expected profits sugg...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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