World Perspectives
livestock

Livestock Round Up: Cattle Shortage Still Affecting Prices

Cattle supply still matters. USDA has announced the suspension of live cattle, horse, and bison imports from Mexico due to recent detections of New World Screwworm (NWS) in southern Mexico. Economic fundamentals, such as tight cattle supplies, still play a role in supporting prices in the outlying quarters. Based on weekly data from USDA’s AMS National Feeder and Stocker Cattle Summary report, sales of feeder and stocker cattle in the first two months are down 15 percent from the same period in 2024.  This is likely due to a 75 percent year-over-year decline in feeder cattle imports from Mexico due to restrictions on cattle over the first two months of the year, which started in November of last year. This has led to feedlots in...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Firm on Trade Visit; Bullish Feedback Loop for Cattle

The CBOT saw early pressure develop after the USDA Crop Progress and Conditions report was more favorable than expected for corn, soybeans, and wheat. Despite some dryness and uneven weather over the past few weeks, conditions ratings were generally steady, and – surprisingly – in t...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.095/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.3175/bushel, up $0.02 from yesterday's close.  Nov 25 Soybeans closed at $10.495/bushel, up $0.0175 from yesterday's close.  Dec 25 Soymeal closed at $293.3/short ton, up $2.4 fro...

Future of Tariffs

Some countries have reacted harshly to the tariffs imposed by President Trump, while other countries responded more mutedly or negotiated a settlement. Canada initially retaliated but has now unilaterally reversed some of its retaliatory tariffs against the U.S. after deeming them predominantly...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Firm on Trade Visit; Bullish Feedback Loop for Cattle

The CBOT saw early pressure develop after the USDA Crop Progress and Conditions report was more favorable than expected for corn, soybeans, and wheat. Despite some dryness and uneven weather over the past few weeks, conditions ratings were generally steady, and – surprisingly – in t...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.095/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.3175/bushel, up $0.02 from yesterday's close.  Nov 25 Soybeans closed at $10.495/bushel, up $0.0175 from yesterday's close.  Dec 25 Soymeal closed at $293.3/short ton, up $2.4 fro...

Future of Tariffs

Some countries have reacted harshly to the tariffs imposed by President Trump, while other countries responded more mutedly or negotiated a settlement. Canada initially retaliated but has now unilaterally reversed some of its retaliatory tariffs against the U.S. after deeming them predominantly...

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...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up