World Perspectives
livestock

Livestock Roundup: Hog Pressures

Last week, WPI noted in a summer cattle market outlook that 14 percent of the cattle producing regions were in drought, compared to 38 percent last year, with the exception of the southeast cow/calf country where drought is worsening and raises questions about cow culling, heifer retention, and hay and forage crops in the region.   The latest crop progress report shows that more than 91 percent of the corn crop in North Carolina is rated fair, or worse. Very poor ratings cover 44 percent of the crop, and 29 percent is rated as poor. That may mean a lot of corn in the state could be chopped for silage for forage, but not much can be transported to bigger cow calf areas of Georgia, Tennessee, Virginia and elsewhere. And with 67 per...

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feed-grains soy-oilseeds wheat

Market Commentary: Oil Volatility Drives CBOT More than WASDE

Usually, the day USDA releases its monthly world supply and demand report – known colloquially as “WASDE day” – sees heightened volatility in CBOT ag futures. That was true again Tuesday, though there was little causal connection between the WASDE and the market’s...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.015 from yesterday's close.  May 26 Wheat closed at $5.91/bushel, down $0.1225 from yesterday's close.  May 26 Soybeans closed at $12.0175/bushel, up $0.055 from yesterday's close.  May 26 Soymeal closed at $314.5/short ton, up $1 fro...

Economic Outlook for 2026

The January jobs report surprised to the upside, coming in at 172,000 new jobs, well above the consensus expectation of 68,000. However, the February report showed jobs falling by 86,000, far off the consensus expectation of a gain of 60,000. This loss was driven by education, leisure and hospi...

feed-grains soy-oilseeds wheat

Market Commentary: Oil Volatility Drives CBOT More than WASDE

Usually, the day USDA releases its monthly world supply and demand report – known colloquially as “WASDE day” – sees heightened volatility in CBOT ag futures. That was true again Tuesday, though there was little causal connection between the WASDE and the market’s...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.015 from yesterday's close.  May 26 Wheat closed at $5.91/bushel, down $0.1225 from yesterday's close.  May 26 Soybeans closed at $12.0175/bushel, up $0.055 from yesterday's close.  May 26 Soymeal closed at $314.5/short ton, up $1 fro...

Economic Outlook for 2026

The January jobs report surprised to the upside, coming in at 172,000 new jobs, well above the consensus expectation of 68,000. However, the February report showed jobs falling by 86,000, far off the consensus expectation of a gain of 60,000. This loss was driven by education, leisure and hospi...

wheat

AP Quant: WASDE Wheat

WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

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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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