World Perspectives
livestock

Livestock Industry Margins

Beef packer margins improved for the third straight week, adding more than $100/head to profits on fresh record highs in the beef market. Margins are now around -$80/head, still very low by post-2010 standards but a sharp improvement from recent losses. The broad strength across beef markets — spanning all grades and primals — is an encouraging sign of pricing power and could help packer profits stay positive heading into the holiday season. Feedlot profit margins turned ...

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livestock

New World Screwworm Human Case

The state of Maryland has reported the first human case of new world screwworm (NWS) in a person who travelled to an affected area. Reports vary citing both El Salvador and Guatemala.   A statement from the Maryland Department of Health provides the details:  This is the first hu...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Trade Drives CBOT as Markets Eye Yields, First Notice Day

Friday’s market fireworks faded a bit on Monday as traders took the opportunity to rest and reassess fundamentals. There were no particularly big news items over the weekend to drive a big swing in markets, which meant that a lull was almost bound to follow last week’s large moves i...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.2975/bushel, up $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.4775/bushel, down $0.1075 from yesterday's close.  Dec 25 Soymeal closed at $290.9/short ton, down $0...

livestock

New World Screwworm Human Case

The state of Maryland has reported the first human case of new world screwworm (NWS) in a person who travelled to an affected area. Reports vary citing both El Salvador and Guatemala.   A statement from the Maryland Department of Health provides the details:  This is the first hu...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Trade Drives CBOT as Markets Eye Yields, First Notice Day

Friday’s market fireworks faded a bit on Monday as traders took the opportunity to rest and reassess fundamentals. There were no particularly big news items over the weekend to drive a big swing in markets, which meant that a lull was almost bound to follow last week’s large moves i...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.2975/bushel, up $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.4775/bushel, down $0.1075 from yesterday's close.  Dec 25 Soymeal closed at $290.9/short ton, down $0...

Protectionists’ Spin; Transatlantic Spin; India’s New Bed

Protectionists’ Spin U.S. President Donald Trump is vilified for statements that his critics say are blatantly untrue, but he is not alone in trying to frame messages to his favor. This past weekend, China’s Ambassador to the U.S. Xie Feng said that "It goes without saying that [Ame...

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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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