World Perspectives
livestock

Livestock Industry Margins

The livestock packing sector continues to see profitability decline as beef and pork prices have been relatively stable while animal costs have risen. Both beef and pork packer margins turned negative last week, though the losses are shallow in the pork sector and deeply red for the beef industry. Feedlot margins also weakened last week due to rising feeder cattle prices and steady fed cattle values. Hog producers saw mixed margin performance as closeout profits dropped on weaker futures and lower basis levels while forward-looking margins improved on higher futures/forward price expectations. ...

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feed-grains soy-oilseeds wheat

Market Commentary: Good Weather, Unknown Trading Relations, Positioned for Monday

It was another day of trading in the green in the overnight for grains and the soy complex only to fail following through in the day session for wheat and soymeal. All major ags opened higher but soymeal quickly reversed, and all three wheats headed south about an hour into the session. Monday&...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.4975/bushel, up $0.0225 from yesterday's close.  Jul 25 Wheat closed at $5.2175/bushel, down $0.075 from yesterday's close.  Jul 25 Soybeans closed at $10.5175/bushel, up $0.0675 from yesterday's close.  Jul 25 Soymeal closed at $294.1/short ton, down $0...

Trade Deal with UK

Yesterday, President Trump announced from the Oval Office a trade deal “in principle” with the UK, the first of its kind following the reciprocal tariffs imposed by the U.S. While details are still lacking, according to the Administration, the agreement includes increased market acc...

feed-grains soy-oilseeds wheat

Market Commentary: Good Weather, Unknown Trading Relations, Positioned for Monday

It was another day of trading in the green in the overnight for grains and the soy complex only to fail following through in the day session for wheat and soymeal. All major ags opened higher but soymeal quickly reversed, and all three wheats headed south about an hour into the session. Monday&...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.4975/bushel, up $0.0225 from yesterday's close.  Jul 25 Wheat closed at $5.2175/bushel, down $0.075 from yesterday's close.  Jul 25 Soybeans closed at $10.5175/bushel, up $0.0675 from yesterday's close.  Jul 25 Soymeal closed at $294.1/short ton, down $0...

Trade Deal with UK

Yesterday, President Trump announced from the Oval Office a trade deal “in principle” with the UK, the first of its kind following the reciprocal tariffs imposed by the U.S. While details are still lacking, according to the Administration, the agreement includes increased market acc...

feed-grains

Corn & Soybean Outlook: Riding Seasonal Patterns

With markets awaiting the May WASDE and USDA’s first comprehensive look at the 2025/26 crop balance sheets, many traders and analysts are looking for major fundamental developments that could influence the outlook. Regarding fundamental developments, the major grain and oilseed markets ha...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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