World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 22 Corn closed at $6.0375/bushel, up $0.0275 from yesterday's close.  Sep 22 Wheat closed at $7.7675/bushel, down $0.1825 from yesterday's close.  Nov 22 Soybeans closed at $13.4225/bushel, up $0.0125 from yesterday's close.  Dec 22 Soymeal closed at $391.6/short ton, down $11 from yesterday's close.  Dec 22 Soyoil closed at 58.23 cents/lb up 2.45 cents from yesterday's close.  Aug 22 Live Cattle closed at $134.925/cwt down $0.475 from yesterday's close.  Aug 22 Feeder Cattle closed at $176.35/cwt down $2.55 from yesterday's close.  Aug 22 Lean Hogs closed at $109.825/cwt up $0.25 from yesterday's close.  Aug 22 WTI Crude Oil closed at $97.59/barrel up $1.81 from yesterday's close. ...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

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Livestock Industry Margins

Beef packer margins reversed sharply to -$17/head from $120/head the prior week, as rising fed cattle prices more than offset a modest decline in the Choice cutout. Fed cattle prices increased $12.92/cwt from the prior week while the cutout slipped $3.24/cwt, compressing gross margins and pushi...

feed-grains soy-oilseeds wheat

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The CBOT markets were surprisingly insulated from a jump in crude oil that started the week. Crude oil futures rallied to $115/brl - their highest levels since the earliest days of the U.S.-Iran war - on rhetoric from the White House that signaled an escalation in the conflict. While the oil he...

feed-grains soy-oilseeds wheat

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livestock

Livestock Industry Margins

Beef packer margins reversed sharply to -$17/head from $120/head the prior week, as rising fed cattle prices more than offset a modest decline in the Choice cutout. Fed cattle prices increased $12.92/cwt from the prior week while the cutout slipped $3.24/cwt, compressing gross margins and pushi...

feed-grains soy-oilseeds wheat

Market Commentary: The Long-Run Draws Near

The CBOT markets were surprisingly insulated from a jump in crude oil that started the week. Crude oil futures rallied to $115/brl - their highest levels since the earliest days of the U.S.-Iran war - on rhetoric from the White House that signaled an escalation in the conflict. While the oil he...

Farmland Consolidation

Under the theory of economies of scale, the size of farms, like that of all industries, should increase over time due to improvements in productivity. Farmers themselves understand that the more land they farm, the greater their output and, thus, the larger their potential incomes. Government p...

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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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