World Perspectives
biofuel energy

Lower Fuel Use Reignites RFS Fight

As of last week, according to the Renewable Fuel Association (RFA), 73 of the nation’s 200 ethanol plants are idled and 70 percent are operating at reduced capacity. This would imply that 57 are still operating at normal output levels. Those plants have seen their gross margins bounce on DDGS and distillers corn oil prices, and a drop in corn and natural gas costs. However, as an industry, the picture is bleak when extrapolating the margins across production levels and comparing to the industry’s sunk capital and fixed costs.  Demand for motor fuel has hit its lowest levels in decades because of the limits on travel and the general economic slowdown caused by the mitigation efforts for COVID-19. Now that we’re c...

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feed-grains

Holiday Schedule

Financial markets will be closed on Wednesday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Wednesday. WPI wishes everyone a joyous and safe holiday.WPI will resume operations on Thursday, 26 December. Note that Ag Perspectives will be providing...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.485/bushel, up $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.3475/bushel, down $0.0575 from yesterday's close. Jan 25 Soybeans closed at $9.7525/bushel, up $0.0575 from yesterday's close. Mar 25 Soymeal closed at $301.6/short ton, up $3.6 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Consolidate in Pre-Christmas Trade

Corn, soybeans, and soymeal closed higher ahead of the Christmas holiday, driven by short covering, technical factors, and increasing dryness in Argentina. Trading volume was predictably light on Christmas Eve, as traders showed little interest in adding risk during the seasonal trading slowdow...

feed-grains

Holiday Schedule

Financial markets will be closed on Wednesday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Wednesday. WPI wishes everyone a joyous and safe holiday.WPI will resume operations on Thursday, 26 December. Note that Ag Perspectives will be providing...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.485/bushel, up $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.3475/bushel, down $0.0575 from yesterday's close. Jan 25 Soybeans closed at $9.7525/bushel, up $0.0575 from yesterday's close. Mar 25 Soymeal closed at $301.6/short ton, up $3.6 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Consolidate in Pre-Christmas Trade

Corn, soybeans, and soymeal closed higher ahead of the Christmas holiday, driven by short covering, technical factors, and increasing dryness in Argentina. Trading volume was predictably light on Christmas Eve, as traders showed little interest in adding risk during the seasonal trading slowdow...

livestock

Livestock Industry Margins

Both beef and pork packer margins improved last week on stronger spot meat demand and pricing while producer margins showed mixed trends. Margins for feedlot placements, weaned hog placements, and pigs farrowed last week all fell from the prior week. In the case of feedlots and wean-to-finish h...

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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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