World Perspectives
livestock

Livestock Industry Margins

Livestock industry margins were mostly lower last week as rising input costs crimped the profitability outlook. Declines were greatest for feedlot placements, where margins fell over $50/head due to higher feeder cattle costs. Beef packer margins saw the next greatest declines with profits dropping $35/head and hitting their lowest level since WPI started estimating packer margins in 2010. The decline in beef packer margins came amid last week’s $5-8/cwt rally in fed cattle prices that was partly offset by a $5 gain in beef values. The rally in fed cattle prices helped push feedlot closeout margins sharply higher, however, and to near five-year record highs.  The pork sector saw packer margins decrease slightly on weaker pork val...

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Market Commentary: Export Sales, Weather Mix the Markets

Wheat was the ball and chain while corn was the balloon in today’s trading. The weekly USDA Export Sales report from USDA was notable for wheat with washouts in old crop sales leading to a marketing year low, but new crop sales going blockbuster as Guatemala, Mexico and Panama all sought...

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Export Sales

Export Sales and Shipments for March 7-13, 2025   Wheat: Net sales reductions of 248,800 metric tons (MT) for 2024/2025--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average. Export shipments of 470,900 MT were up noticeably from the prev...

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Summary of Futures

May 25 Corn closed at $4.69/bushel, up $0.07 from yesterday's close.  May 25 Wheat closed at $5.5725/bushel, down $0.0625 from yesterday's close.  May 25 Soybeans closed at $10.13/bushel, up $0.0475 from yesterday's close.  May 25 Soymeal closed at $297.1/short ton, down $0.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Export Sales, Weather Mix the Markets

Wheat was the ball and chain while corn was the balloon in today’s trading. The weekly USDA Export Sales report from USDA was notable for wheat with washouts in old crop sales leading to a marketing year low, but new crop sales going blockbuster as Guatemala, Mexico and Panama all sought...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 7-13, 2025   Wheat: Net sales reductions of 248,800 metric tons (MT) for 2024/2025--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average. Export shipments of 470,900 MT were up noticeably from the prev...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.69/bushel, up $0.07 from yesterday's close.  May 25 Wheat closed at $5.5725/bushel, down $0.0625 from yesterday's close.  May 25 Soybeans closed at $10.13/bushel, up $0.0475 from yesterday's close.  May 25 Soymeal closed at $297.1/short ton, down $0.6 fro...

soy-oilseeds

Oilseed Highlights: U.S. Exports Stumble; China Crush Falls

The Market  The weekly Export Sales report was disappointing for soybeans as old crop net sales fell by half from the prior week and new crop net sales registered only 10 KMT – down sharply from the prior week’s volume of 43.1 KMT. Old crop exports were also lower than the prio...

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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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