World Perspectives
livestock

Livestock Roundup: July WASDE Beef Forecast Update

Per USDA’s annual Cattle Inventory report, the total number of cattle and calves in the U.S. as of 1 January was at its lowest point in more than 70 years. Moreover, this was the sixth consecutive year of smaller cattle inventory since 2019. There was a reduction at virtually every level of the cattle supply compared to the beginning of the year levels in 2024, including cows and heifers that have calved, heifers 500 pounds and heavier, including other heifers not for replacement, steers 500 pounds and heavier, calves under 500 pounds, and the 2024 calf crop.  Combing the totals of calves under 500 pounds, non-replacement heifers, and steers over 500 pounds, quantifies the number of feeder cattle located outside of feedlots, whic...

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feed-grains soy-oilseeds wheat

Market Commentary: Caution About Supplies, Confidence in Demand

Although the soy complex and wheat opened lower, there was confidence in the corn number and by late morning most major contracts were in the green, aided by shorts that were selling at the end of the month to book profits. December HRS printed a new contract low today. There was high volume tr...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2025/bushel, up $0.1025 from yesterday's close.  Dec 25 Wheat closed at $5.3425/bushel, up $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.545/bushel, up $0.065 from yesterday's close.  Dec 25 Soymeal closed at $289/short ton, up $1.7 from...

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From WPI Consulting

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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