Mar 25 Corn closed at $4.82/bushel, down $0.0825 from yesterday's close. Mar 25 Wheat closed at $5.595/bushel, down $0.07 from yesterday's close. Mar 25 Soybeans closed at $10.42/bushel, down $0.02 from yesterday's close. Mar 25 Soymeal closed at $301.1/short ton, down $3.6 from yesterday's close. Mar 25 Soyoil closed at 46.11 cents/lb up 1.13 cents from yesterday's close. Apr 25 Live Cattle closed at $202.3/cwt up $0.8 from yesterday's close. Mar 25 Feeder Cattle closed at $275.725/cwt up $2.525 from yesterday's close. Apr 25 Lean Hogs closed at $90.35/cwt down $1.575 from yesterday's close. Mar 25 WTI Crude Oil closed at $73.11/barrel up $0.38 from yesterday's close. ...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
Key Market Insights Macros: Inflation isn’t cooling — it’s moving higher again. March PCE inflation (Personal Consumption Expenditures index — the Fed’s preferred measure of inflation) rose 0.7 percent month-over-month, pushing the annual rate to 3.5 percent, the h...
An amendment to the U.S. House farm bill, aiming to remove the Save Our Bacon Act language in Section 12006 that would have stripped language to prohibit California’s Proposition 12, Massachusetts’ Question 3, and up to 500 state agricultural laws across the country, was blocked by...
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.