May 26 Corn closed at $4.4025/bushel, down $0.0075 from yesterday's close. May 26 Wheat closed at $5.8225/bushel, up $0.1125 from yesterday's close. May 26 Soybeans closed at $11.6225/bushel, down $0.135 from yesterday's close. May 26 Soymeal closed at $331.9/short ton, up $0.1 from yesterday's close. May 26 Soyoil closed at 66.5 cents/lb down 0.59 cents from yesterday's close. Jun 26 Live Cattle closed at $248.525/cwt down $0.675 from yesterday's close. May 26 Feeder Cattle closed at $372.825/cwt up $0.475 from yesterday's close. Jun 26 Lean Hogs closed at $103.125/cwt down $0.6 from yesterday's close. May 26 WTI Crude Oil closed at $97.91/barrel up $1.34 from yesterday's close. ...
World Perspectives, Inc. welcomes Steve Wolf as Director of Commodity Intelligence. Steve brings a broad range of agribusiness, commodity market, and consulting experience to WPI from previous roles at Tyson Foods and Informa Economics (now part of S&P Global). Steve most recently spent thr...
Beef packer margins improved to -$200/head last week, up $57 from the prior week as the Choice cutout strengthened while fed cattle prices moved lower. The cutout rose to $392/cwt, continuing its seasonal climb into summer demand, while fed cattle prices eased to $257/cwt. The improvement helpe...
What You Need to Know Today: U.S. Treasury Secretary Bessent said Friday that the U.S. has seized $1b of Iranian crypto assets. Iran’s IGGC says 15 merchant vessels, including 4 oil tankers, have passed through the Strait of Hormuz in the past 24 hours. Managed money traders...
Developer's Note: 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 obs...
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.