World Perspectives
livestock

Running Out of Protein

Europe ran out of energy when the Russian attack on Ukraine forced it to reduce imports from Russia. Europe lacks the ability to defend itself despite Russia’s threat on its eastern border. Now Europe is reducing its consumption of meat but failing to invest in meat alternatives that could lead to further import dependence for protein in their diet. According to Food Navigator, U.S. companies have over 200 patents approved for meat alternatives while EU companies hold less than 30 such patents. Moreover, many of the meat alternative patents filed in Europe and China are by U.S.-based assignees.  Americans eat 20 percent more meat per capita than Europeans and pay less for it. EU per capita consumption of meat is declining, where...

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Summary of Futures

May 26 Corn closed at $4.67/bushel, down $0.0025 from yesterday's close.  May 26 Wheat closed at $6.05/bushel, up $0.0725 from yesterday's close.  May 26 Soybeans closed at $11.7375/bushel, up $0.02 from yesterday's close.  May 26 Soymeal closed at $322.1/short ton, up $2.3 from...

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Market Commentary: War Worries Continue to Drive the Narrative

War-related higher energies are a mixed story for ags. They could stymie economic growth and thus demand, but they open the door for better biofuel sales. Ags were mostly in the green today, betting on the biofuel market.  Reports Export Sales: Last week’s new commitments by foreign...

livestock

Why Beef and Pork Prices May Fall Despite Strong Demand

Beef prices dropped sharply this week, with the Choice cutout down about $11/cwt in the past six trading days. The move unnerved live cattle futures on Wednesday (though the market recovered Thursday) and quickly led to concerns about beef demand weakening. After all, isn’t this supposed...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.67/bushel, down $0.0025 from yesterday's close.  May 26 Wheat closed at $6.05/bushel, up $0.0725 from yesterday's close.  May 26 Soybeans closed at $11.7375/bushel, up $0.02 from yesterday's close.  May 26 Soymeal closed at $322.1/short ton, up $2.3 from...

feed-grains soy-oilseeds wheat

Market Commentary: War Worries Continue to Drive the Narrative

War-related higher energies are a mixed story for ags. They could stymie economic growth and thus demand, but they open the door for better biofuel sales. Ags were mostly in the green today, betting on the biofuel market.  Reports Export Sales: Last week’s new commitments by foreign...

livestock

Why Beef and Pork Prices May Fall Despite Strong Demand

Beef prices dropped sharply this week, with the Choice cutout down about $11/cwt in the past six trading days. The move unnerved live cattle futures on Wednesday (though the market recovered Thursday) and quickly led to concerns about beef demand weakening. After all, isn’t this supposed...

livestock

Livestock Roundup: Quarterly Hogs and Pigs Report

USDA released its quarterly hogs and pigs report today. The inventory of all hogs and pigs on 1 March was 74.3 million head, up slightly from March 2025 but down 1.5 percent from 1 December. The report was in line with the previous five-year average of a decrease of 1.8 percent from December to...

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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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