World Perspectives
livestock

Livestock Roundup: 2025 Outlook

Today is the 2025 USDA Outlook Conference, a fitting time to look at commodity forecasts for the upcoming year. Below is USDA’s outlook for the livestock and products commodities.  The National Agricultural Statistics Service (NASS) cattle report was released on 31 January, showing the total of all cattle and calves on 1 January 2025 was estimated at 86.662 million head, about 500,000 fewer than the previous year. This marks the sixth year of contraction for aggregate beef and dairy cattle inventories and the 11th year overall of the current cattle cycle, which is the cyclical expansion and contraction of the national cattle herd over time. The cycle is influenced by the combined effects of cattle prices, input costs that drive c...

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Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.215/bushel, up $0.065 from yesterday's close.  Nov 25 Soybeans closed at $10.335/bushel, up $0.0825 from yesterday's close.  Dec 25 Soymeal closed at $287.7/short ton, up $1.9 from...

Livestock Roundup: Inflation Is Up

The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Calm, Confident, But Correct?

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Livestock Roundup: Inflation Is Up

The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

livestock

China’s Beef Outlook Amid a Shrinking Middle Class

Recently, the USDA FAS lowered its forecast for China’s 2025 beef consumption based on higher prices and the Middle Kingdom’s slowing economy. The USDA forecast consumption at 11.17 MMT, down 3 percent from 2024 and the first annual decline since 2017.  The motivation behind th...

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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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