World Perspectives
livestock

Scientists Decry Science

A new study in the Annals of Internal Medicine concludes that there is no reason for adults to reduce current levels of unprocessed red meat and process meat consumption. The news is obviously good for the beef, pork, and poultry industries (and, I guess, the lamb industry too, to the benefit of all 27 U.S. sheep farms) but it is causing outrage among scientists and nutritionists. The outrage is supposedly about poor research methods but looks more akin to political posturing and a stuffy resistance to new ideas.  The new study is actually a compilation of multiple, separate research efforts that reviewed existing evidence. The resulting meta-analysis (a “study of studies”) included four systematic reviews focused on...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

feed-grains

Not an Orphan Crop

Sorghum marketers often characterize their commodity as an ancient grain that is drought tolerant. They deflect comments that it is an orphan crop, grown locally for local consumption. They may agree it is under-utilized. In fact, a slightly higher share (16%) of world sorghum production is exp...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Once again, the major finding of Friday’s CFTC report is that funds still remain solidly bullish corn and added another 7 percent to their long position in that market. That was particularly impressive as the week ending 19 November (the reporting deadline for the CFTC report) included days wit...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

feed-grains

Not an Orphan Crop

Sorghum marketers often characterize their commodity as an ancient grain that is drought tolerant. They deflect comments that it is an orphan crop, grown locally for local consumption. They may agree it is under-utilized. In fact, a slightly higher share (16%) of world sorghum production is exp...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Once again, the major finding of Friday’s CFTC report is that funds still remain solidly bullish corn and added another 7 percent to their long position in that market. That was particularly impressive as the week ending 19 November (the reporting deadline for the CFTC report) included days wit...

feed-grains soy-oilseeds wheat

Market Commentary: Black Sea Instability and Trade War Influences

There were some jitters this week as Russia and Ukraine stepped up assaults ahead of what may become talks to end the conflict. Alongside concerns about a kinetic war is the uncertainty around the incoming Trump Administration’s aggressions in trade policy.It should be noted that geopolitical u...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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