World Perspectives
livestock

Livestock Industry Margins

Pork packers were the only sector of the livestock industry to see significant improvement in profit margins last week. In contrast, beef packers saw margins fall by another $35/head as the sharp rally in fed cattle prices offset mild gains in beef values. For feedlots, expected profits for last week’s placements were down slightly from the prior week due to higher feed costs, while ...

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FOB Prices and Freight Rates App (Updated 18 December)

Ocean Freight Comments - 13 December 2024By Matt HerringtonDry bulk freight markets are in the middle of the holiday-season slowdown with thin and very quiet trade characterizing what little market activity is present. The peak demand period from the North American grain harvest has now past bu...

feed-grains soy-oilseeds wheat

Market Commentary: New Contract Lows for Soybeans; Soyoil Makes Bear Move; Feeder Cattle Post Turnaround Tuesday

Bears were in full control of the CBOT on Tuesday with soybeans hitting new contract lows, soyoil posting a bearish breakout from technical formations, and wheat flirting with contract lows. Not even the news of fresh export sales of corn to Mexico and soybeans to unknown destinations and Spain...

Dissecting the Retail Sales Report

Retail sales rose 0.7 percent in November; this was slightly higher than the consensus expectations. There are a few nuances to consider, however. First, the Thanksgiving holiday was late this year. The holiday is on the fourth Thursday of the month. Given the way the calendar played out in 202...

FOB Prices and Freight Rates App (Updated 18 December)

Ocean Freight Comments - 13 December 2024By Matt HerringtonDry bulk freight markets are in the middle of the holiday-season slowdown with thin and very quiet trade characterizing what little market activity is present. The peak demand period from the North American grain harvest has now past bu...

feed-grains soy-oilseeds wheat

Market Commentary: New Contract Lows for Soybeans; Soyoil Makes Bear Move; Feeder Cattle Post Turnaround Tuesday

Bears were in full control of the CBOT on Tuesday with soybeans hitting new contract lows, soyoil posting a bearish breakout from technical formations, and wheat flirting with contract lows. Not even the news of fresh export sales of corn to Mexico and soybeans to unknown destinations and Spain...

Dissecting the Retail Sales Report

Retail sales rose 0.7 percent in November; this was slightly higher than the consensus expectations. There are a few nuances to consider, however. First, the Thanksgiving holiday was late this year. The holiday is on the fourth Thursday of the month. Given the way the calendar played out in 202...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.435/bushel, down $0.015 from yesterday's close. Mar 25 Wheat closed at $5.45/bushel, down $0.05 from yesterday's close. Jan 25 Soybeans closed at $9.7675/bushel, down $0.0525 from yesterday's close. Jan 25 Soymeal closed at $287.2/short ton, up $0.3 from...

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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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