World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Soy Complex Falls on Brazilian Weather; Wheat Rises on Ukraine News

The Thanksgiving holiday isn’t until next week, but the CBOT is starting to feel like traders are taking their vacation time a little early. Trading volumes were muted on Wednesday and other than the KC wheat market and soyoil futures, none of the major ag markets made major technical moves. Markets seem to be either settling into a post-harvest, demand-driven sluggish trading pattern or are being whipsawed by confusing policy outlooks. Some of Wednesday’s weakness came from Russian President Putin saying he would be willing to negotiate a ceasefire deal in Ukraine with President Trump, but only on his terms. That news was blunted by the U.S.’ closure of its embassy in Ukraine due to fears of Russian air strikes in retaliation to Ukraine’s...

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livestock

Livestock Roundup: Dairy Herd

The U.S. dairy herd in 2025 expanded at the fastest pace since the 1950s and reached a level that has not occurred since the early 1990s. Based on the USDA monthly milk production report for December, the milk cow herd totaled 9.567 million head, up from the prior month and 212,000 head from a...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 23-29, 2026 Wheat: Net sales of 373,900 metric tons (MT) for 2025/2026 were down 33 percent from the previous week, but up 3 percent from the prior 4-week average. Export shipments of 403,800 MT were up 7 percent from the previous week and 32 percent from...

livestock

Livestock Industry Margins

Beef packer margins weakened further, with estimated net losses widening to -$233/head. While boxed beef values continued to firm, gains were outpaced by higher fed cattle prices, pressuring gross margins despite stable carcass weights and drop values. Packer profitability remains well below se...

livestock

Livestock Roundup: Dairy Herd

The U.S. dairy herd in 2025 expanded at the fastest pace since the 1950s and reached a level that has not occurred since the early 1990s. Based on the USDA monthly milk production report for December, the milk cow herd totaled 9.567 million head, up from the prior month and 212,000 head from a...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 23-29, 2026 Wheat: Net sales of 373,900 metric tons (MT) for 2025/2026 were down 33 percent from the previous week, but up 3 percent from the prior 4-week average. Export shipments of 403,800 MT were up 7 percent from the previous week and 32 percent from...

livestock

Livestock Industry Margins

Beef packer margins weakened further, with estimated net losses widening to -$233/head. While boxed beef values continued to firm, gains were outpaced by higher fed cattle prices, pressuring gross margins despite stable carcass weights and drop values. Packer profitability remains well below se...

Herrington Becomes President of World Perspectives, Inc.

Washington, DC—World Perspectives, Inc. (WPI) is a leading agricultural market analysis and consulting firm making a leadership transition marking an important milestone in the firm’s development. After years of distinguished service as President & CEO, Gary Blumenthal has stepp...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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