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...

Related Articles
feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.595/bushel, down $0.06 from yesterday's close.  May 26 Wheat closed at $5.8775/bushel, down $0.075 from yesterday's close.  May 26 Soybeans closed at $11.635/bushel, up $0.0225 from yesterday's close.  May 26 Soymeal closed at $326.6/short ton, down $1.4...

feed-grains soy-oilseeds wheat

Market Commentary: Oil and Iran Conflict Still in Drivers’ Seat, but This Time Creating Pressure

Volatility has been no stranger to the CBOT these past three weeks, and the one consistency during this time has been the dramatic coupling of ag markets’ fortunes to the foibles of crude oil. That was again true on Monday, but this time crude oil offered a bearish – rather than sup...

WTO Realism; Reindustrialization; Canadian Ego

WTO Realism The WTO’s 14th Ministerial Conference begins later this week, and while some have high hopes, pragmatists understand the elongated nature of consensus-based multinational policy development. EU trade minister Maroš Šefčovič expresses the hopes of his constituents...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.595/bushel, down $0.06 from yesterday's close.  May 26 Wheat closed at $5.8775/bushel, down $0.075 from yesterday's close.  May 26 Soybeans closed at $11.635/bushel, up $0.0225 from yesterday's close.  May 26 Soymeal closed at $326.6/short ton, down $1.4...

feed-grains soy-oilseeds wheat

Market Commentary: Oil and Iran Conflict Still in Drivers’ Seat, but This Time Creating Pressure

Volatility has been no stranger to the CBOT these past three weeks, and the one consistency during this time has been the dramatic coupling of ag markets’ fortunes to the foibles of crude oil. That was again true on Monday, but this time crude oil offered a bearish – rather than sup...

WTO Realism; Reindustrialization; Canadian Ego

WTO Realism The WTO’s 14th Ministerial Conference begins later this week, and while some have high hopes, pragmatists understand the elongated nature of consensus-based multinational policy development. EU trade minister Maroš Šefčovič expresses the hopes of his constituents...

War in Iran Taking Toll on Meat Exports Globally and U.S. Agriculture

The war in Iran is taking a toll on meat exports as well as fuel and fertilizer. As noted in a letter to the Administration, “Maritime freight disruptions from the ongoing conflict in Iran pose significant consequences to food security here at home and around the world.” This comes...

Image
From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up