World Perspectives
livestock

Plan to Rebuild Beef Cattle Supply is Coming This Week

Yesterday, USDA released a statement confirming the detection of New World Screwworm (NSW) in in Sabinas Hidalgo, located in the Mexican state of Nuevo León, less than 70 miles from the U.S.-Mexico border.  The case was confirmed by the National Service of Agro-Alimentary Health, Safety, and Quality (SENASICA).   This is the northernmost existence of NWS, which started last year along Mexico’s southern border. Sabinas Hidalgo is located near the major highway from Monterrey, Nuevo Leon, to Laredo, Texas, which is one of the most heavily trafficked commercial thoroughfares in the world. The previous northernmost detection was reported on 9 July, in Veracruz, approximately 370 miles farther south. Preliminary repor...

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feed-grains soy-oilseeds wheat

Market Commentary: Negative Icing on a Bearish Cake; Cattle Rally as NWS Found 70 Miles from Border

The CBOT was sharply lower to start the week as markets had a negative reaction to surprising policy developments from South America. Argentina’s government announced a zero-export tax policy on grains through 31 October in an attempt to boost domestic reserves of U.S. dollars (for detail...

Convenience over Causation; Rules and Convenience; GI’s in America; Transatlantic Work Views

Convenience over Causation A months’ long commitment to delivering in September led to today’s announcement by chemo-phobe RFK, Jr. that, “I think we found an answer to autism” As previously noted, the Trump Administration’s Make America Healthy Again (MAHA) report...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.1075/bushel, down $0.1175 from yesterday's close.  Nov 25 Soybeans closed at $10.11/bushel, down $0.145 from yesterday's close.  Dec 25 Soymeal closed at $280.1/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Negative Icing on a Bearish Cake; Cattle Rally as NWS Found 70 Miles from Border

The CBOT was sharply lower to start the week as markets had a negative reaction to surprising policy developments from South America. Argentina’s government announced a zero-export tax policy on grains through 31 October in an attempt to boost domestic reserves of U.S. dollars (for detail...

Convenience over Causation; Rules and Convenience; GI’s in America; Transatlantic Work Views

Convenience over Causation A months’ long commitment to delivering in September led to today’s announcement by chemo-phobe RFK, Jr. that, “I think we found an answer to autism” As previously noted, the Trump Administration’s Make America Healthy Again (MAHA) report...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.1075/bushel, down $0.1175 from yesterday's close.  Nov 25 Soybeans closed at $10.11/bushel, down $0.145 from yesterday's close.  Dec 25 Soymeal closed at $280.1/short ton, down $...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 22 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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