World Perspectives
feed-grains

Sorghum’s Row

Sorghum was once the darling crop to grow because it was cheaper to produce than corn and environmentally friendly since it required less water. U.S. farmers nearly tripled the amount of sorghum they grew between 2011 and 2015, but since then production of the crop has fallen by 40 percent. Likewise, production in Nigeria, the world’s second largest sorghum producing nation, has fallen from its peak of 7.55 MMT in 2016 to 6.9 MMT this year. Only in Ethiopia and China is the production up, and then not by much.  Notably, while global production of sorghum over the past decade has increased by an average 0.47 percent per annum, consumption has been advancing 30 percent faster than that. Global ending stocks will nonetheless rise s...

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livestock

Livestock Industry Margins

The livestock packing sector continues to see profitability decline as beef and pork prices have been relatively stable while animal costs have risen. Both beef and pork packer margins turned negative last week, though the losses are shallow in the pork sector and deeply red for the beef indust...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Sees Mixed Monday on Risk-off Trade; Feeder Cattle Rally on Import Ban

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 25 November)

Update for 1 April 2024: 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 ob...

livestock

Livestock Industry Margins

The livestock packing sector continues to see profitability decline as beef and pork prices have been relatively stable while animal costs have risen. Both beef and pork packer margins turned negative last week, though the losses are shallow in the pork sector and deeply red for the beef indust...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Sees Mixed Monday on Risk-off Trade; Feeder Cattle Rally on Import Ban

The holiday trading season is officially here, which means the CBOT will likely see fading volume and volatility until the new year. Ag markets reflected much of that sentiment on Monday with wheat and corn falling amid reduced concerns about the conflict in the Black Sea while soybeans and soy...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 25 November)

Update for 1 April 2024: 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 ob...

Brooke Rollins: New Ag Secretary Pick

During the Presidential campaign, one topic on which Donad Trump was introspective was on his staff and cabinet appointments. He mentioned more than once on the campaign trail that getting the “right people” in jobs was one area in which he would focus the second time around. Typically Trump me...

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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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