World Perspectives
feed-grains livestock

Livestock Roundup

Pork Gap Looking at the slaughter chart above, we can see that hog slaughter numbers are down again, having pretty steadily come in below 2 million head since the Memorial Day holiday. Again, the slaughter poll for the week ending 30 June projects an average estimated harvest of 1,945,824 head -- very similar to the total above. A flat level is typical of this week (the final week prior to the 4 July holiday).On the day of the latest slaughter totals, 22 June, the spot market exceeded the futures contract by a $12/cwt. Reportedly, most retailers were covered for summer demand and those not covered had a hard time picking up spot market purchases. Normally, near the end of the contract, futures prices would trend upward to close this ga...

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Market Commentary: CBOT Ends Mixed on Planting Pace, Weather, South American Outlook

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May 25 Corn closed at $4.7575/bushel, down $0.06 from yesterday's close.  Jul 25 Wheat closed at $5.5025/bushel, down $0.02 from yesterday's close.  May 25 Soybeans closed at $10.35/bushel, up $0.055 from yesterday's close.  Jul 25 Soymeal closed at $299.5/short ton, down $0.8 fr...

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May 25 Corn closed at $4.7575/bushel, down $0.06 from yesterday's close.  Jul 25 Wheat closed at $5.5025/bushel, down $0.02 from yesterday's close.  May 25 Soybeans closed at $10.35/bushel, up $0.055 from yesterday's close.  Jul 25 Soymeal closed at $299.5/short ton, down $0.8 fr...

livestock

HPAI Waning This Spring

In 2022 and 2023, most HPAI cases affected producers during the spring and fall. The years 2024 and 2025 were different, however. The bulk of cases occurred during the winter months. Between December 2024 and February 2025, approximately 53.7 million egg layers, turkeys, and broilers were culle...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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