World Perspectives
feed-grains soy-oilseeds livestock

Livestock and Feed Projections; China Update

Livestock and Feed Projections USDA’s 95th Agricultural Outlook Forum kicked off today in Washington, DC, which is the official rollout of its 10-year baseline forecast. Following are some livestock highlights for 2019: Fed steer prices are forecast at $117.75/cwt, up from $116.29/cwt for the final 2018 price. Hog prices are projected at $41.25/cwt, down from $45.23/cwt for the expected final 2018 price. Broilers prices are projected to be $95.80/cwt, down from the expected final 2018 price of $97/cwt. As for the 2019 domestic production outlook in the U.S., feed prices are expected to remain relatively stable. Corn prices are projected to be up, but cheaper soymeal will moderate the impact of that on overall feed costs. Iron...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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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