World Perspectives
livestock

Livestock Roundup: U.S. Canada Cattle Market

New trade disruptions, such as the 25 percent tariffs on Canadian feeder cattle, could possibly lead to more cattle being kept on pasture in Canada, which may lead to lower prices due to the retained, larger cattle population. Conversely, less beef being processed in the U.S. from Canadian cattle might result in higher U.S. beef prices than would normally have occurred. However, the potential for lower prices for Canadian cattle could be a disincentive for the Canadian cattle industry to stabilize or increase production. According to Kansas State University’s “Focus on Feedlots” monthly data, feed costs for steers and heifers have dropped from last year’s levels. The KSU data shows that average feeding costs are the...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2825/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Mar 26 Soybeans closed at $10.6425/bushel, down $0.08 from yesterday's close.  Mar 26 Soymeal closed at $293.6/short ton, down $2.4...

feed-grains soy-oilseeds wheat

Market Commentary: Get Out of Dodge Friday

Although the week was mixed, there was a convincing move lower on Friday. The mood spelled exit as all the major agricultural contracts closed lower. Even those trading the three major wheat contracts, who had mostly countered the bearish sensibilities elsewhere on the board in many of the prev...

livestock

Livestock Round Up: Cattle Inventory Report

USDA’s semi-annual cattle report was issued today. The inventory of all cattle and calves in the U.S. as of 1 January was 86,155,300 head, slightly below—or about 316,900 head fewer than—the 86,472,200 head on 1 January 2025.  This year showed the seventh consecutive ann...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2825/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Mar 26 Soybeans closed at $10.6425/bushel, down $0.08 from yesterday's close.  Mar 26 Soymeal closed at $293.6/short ton, down $2.4...

feed-grains soy-oilseeds wheat

Market Commentary: Get Out of Dodge Friday

Although the week was mixed, there was a convincing move lower on Friday. The mood spelled exit as all the major agricultural contracts closed lower. Even those trading the three major wheat contracts, who had mostly countered the bearish sensibilities elsewhere on the board in many of the prev...

livestock

Livestock Round Up: Cattle Inventory Report

USDA’s semi-annual cattle report was issued today. The inventory of all cattle and calves in the U.S. as of 1 January was 86,155,300 head, slightly below—or about 316,900 head fewer than—the 86,472,200 head on 1 January 2025.  This year showed the seventh consecutive ann...

livestock

Cracking the Egg Price Mystery

Egg prices have been through a volatile 18 months, rallying sharply in LH 2024 and into early 2025 as bird flu decimated the U.S. layer flock. In early 2025, the U.S. layer flock for table eggs specifically fell to at least a 10-year low, at 286.4 million birds, down about 16 percent from the 2...

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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.

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