World Perspectives
livestock

Livestock Industry Margins

Beef packer margins surged for a fourth consecutive week, jumping $108/head to $228 and marking the strongest profitability in more than two years. Margins rose on the combination of a $5.88/cwt decline in live cattle and an $13.20/cwt drop in dressed cattle prices, while the Choice cutout eased only modestly. The surge in profitability was largely driven by panic selling following Tyson’s plant-closure announcement. With fed cattle collapsing and cutout values holding above seasonal norms, packers enter December with exceptional leverage and margins that should remain historically elevated in the near term. Feedlot placements showed an unprecedented weekly swing, with ...

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feed-grains soy-oilseeds wheat

Market Commentary: Snow Falls Across Midwest, Commodities Fall Across CBOT

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Ag as Affordability Solution; EU Developments

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT The Argentine wheat harvest advanced nearly 14 percentage points this past week, reaching 30 percent of the total area. Good weather accelerated maturation in some fields at the same time forecasts of weekend rainfall pushed harvesters to move quickly. Yields continue to surprise, with so...

feed-grains soy-oilseeds wheat

Market Commentary: Snow Falls Across Midwest, Commodities Fall Across CBOT

The U.S. Midwest received heavy snowfall this weekend and as snowflakes drifted lower so – apparently – did CBOT traders’ sentiments. The ag markets were almost entirely on the defensive to start the last month of the year with soyoil being the only major market to see meaning...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.45/bushel, down $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.35/bushel, down $0.035 from yesterday's close.  Jan 26 Soybeans closed at $11.28/bushel, down $0.0975 from yesterday's close.  Jan 26 Soymeal closed at $314.6/short ton, down $4.1...

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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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