World Perspectives
livestock

Hog and Pork Prices Set to Decline in Last-Half 2025

Lean hog futures surged to new contract highs over the past several weeks, followed by a correction in values that remains ongoing. Despite strong pork demand and reduced slaughter volumes and carcass weights, traders have been wary of the seasonal trend for prices to pull back in Q3 and Q4. WPI’s latest analysis of pork and hog demand indicates these concerns are well founded, and our models project continued weakness in the pork sector. Notably, values will remain near or slightly below 2024 levels for the pork cutout and CME futures, while physical hog prices are expected to see modest year-over-year gains. For 2026, however, early projections suggest producers will again experience strong pricing and profitability in the first hal...

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feed-grains soy-oilseeds wheat

Market Commentary: Bears Control Grains while Bulls Dominate Livestock, but will the Trends Hold?

Trade in ag futures was a tale of two cities, with grains sinking into the red while the livestock markets rallied to fresh highs. Grains and oilseeds saw pressure from lackluster technical conditions and, for corn and wheat, expectations of ample domestic and global supplies. Soybeans saw weak...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.06/bushel, down $0.035 from yesterday's close.  Dec 25 Wheat closed at $5.2425/bushel, down $0.075 from yesterday's close.  Nov 25 Soybeans closed at $10.475/bushel, down $0.02 from yesterday's close.  Dec 25 Soymeal closed at $288.2/short ton, down $5.1...

Technology Impacts; Science and UPF’s; Perpetuating the Museum

Technology Impacts Technology is driving markets around the world, but not always in the same direction or with the same results. Today’s big story surrounded Nvidia, which met revenue expectations and exceeded projected earnings per share, but underwhelmed investors on data center sales...

feed-grains soy-oilseeds wheat

Market Commentary: Bears Control Grains while Bulls Dominate Livestock, but will the Trends Hold?

Trade in ag futures was a tale of two cities, with grains sinking into the red while the livestock markets rallied to fresh highs. Grains and oilseeds saw pressure from lackluster technical conditions and, for corn and wheat, expectations of ample domestic and global supplies. Soybeans saw weak...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.06/bushel, down $0.035 from yesterday's close.  Dec 25 Wheat closed at $5.2425/bushel, down $0.075 from yesterday's close.  Nov 25 Soybeans closed at $10.475/bushel, down $0.02 from yesterday's close.  Dec 25 Soymeal closed at $288.2/short ton, down $5.1...

Technology Impacts; Science and UPF’s; Perpetuating the Museum

Technology Impacts Technology is driving markets around the world, but not always in the same direction or with the same results. Today’s big story surrounded Nvidia, which met revenue expectations and exceeded projected earnings per share, but underwhelmed investors on data center sales...

FOB Prices and Freight Rates App (Updated 27 August)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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