World Perspectives
livestock

Livestock Roundup: Bullish Feeder Pig Market

Bullish feeder pig prices could signal an expected return to improved profitability for hog production later this year.   The 17 January National Direct Feeder Pig Report showed the weighted average (cash and formula) price of 10-12 pound early weaned pigs was $82.37 per head on a cash basis and $76.24 per head on a formula basis for a weighted average of $80.50 per head. The 40-pound feeder pig price was $98.98 per head on a cash basis. Early weaned pigs are up from a cash price of $35.43 per head and the formula price is up from $43.43 per head from the same week a year ago. Cash prices for 40-pound pigs doubled from last year’s $49.42 per head and the price for 10-12-pound pigs more than doubled, up $46.94 per head...

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FOB Prices and Freight Rates App (Updated 7 January)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.44/bushel, down $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.105/bushel, down $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.5625/bushel, down $0.0575 from yesterday's close.  Mar 26 Soymeal closed at $299.5/short ton, down $0.4...

feed-grains soy-oilseeds wheat

Market Commentary: Weaker Crude Oil Sinks CBOT Despite Soybean Sales to China

The CBOT on Tuesday failed to follow Monday’s dramatic technical strength and corn, the soy complex, and wheat all settled lower for the day. A sharp pullback in crude oil prices was primarily responsible for the soy complex weakness as it eliminated a key piece of support for soyoil. In...

FOB Prices and Freight Rates App (Updated 7 January)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.44/bushel, down $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.105/bushel, down $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.5625/bushel, down $0.0575 from yesterday's close.  Mar 26 Soymeal closed at $299.5/short ton, down $0.4...

feed-grains soy-oilseeds wheat

Market Commentary: Weaker Crude Oil Sinks CBOT Despite Soybean Sales to China

The CBOT on Tuesday failed to follow Monday’s dramatic technical strength and corn, the soy complex, and wheat all settled lower for the day. A sharp pullback in crude oil prices was primarily responsible for the soy complex weakness as it eliminated a key piece of support for soyoil. In...

Labeling Away Inflation

Canada initiated action more than two years ago to fight high grocery prices. The plan was hatched after then Prime Minister Justin Trudeau demanded a “comprehensive” approach to reducing grocery prices. His ultimatum was to “stabilize” food prices that were inflating at...

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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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