World Perspectives

Trade Blame Game; Funding the War; Attack on Productivity

Trade Blame Game Deborah Elms of the Singapore-based Asian Trade Centre told a Washington audience this week that the U.S. flouting international trade rules is encouraging Asian countries to do likewise. This may be true if viewed in isolation, but then the inverse can also be said – Asia’s history of protectionism encouraged the U.S. to adopt similar intransigencies. After all, the number of dispute settlement cases against the U.S. has historically been proportional to its share of global commerce, whereas some other countries had caseloads in excess of their proportional contribution to trade. Importantly, the number of trade cases against the U.S. has increased substantially in concert with its expanded ill behavior. This...

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Export Sales

Export Sales and Shipments for July 25-31, 2025 Wheat: Net sales of 737,800 metric tons (MT) for 2025/2026 were up 25 percent from the previous week and from the prior 4-week average. Export shipments of 667,700 MT were up noticeably from the previous week and up 38 percent from the prior 4-wee...

livestock

Livestock Round Up: Trade Update

The beef sector experienced a week of record-breaking prices, and depressed packer margins for the week ending 1 August. Live cattle were a record $244.41 per hundredweight (cwt) for Choice steers, a $48 jump compared to the same week last year, while the cutout dropped $5.22 per pound and by m...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.07/bushel, up $0.0575 from yesterday's close.  Sep 25 Wheat closed at $5.1825/bushel, up $0.0975 from yesterday's close.  Nov 25 Soybeans closed at $9.9375/bushel, up $0.0925 from yesterday's close.  Dec 25 Soymeal closed at $285.2/short ton, up $3.9 from...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for July 25-31, 2025 Wheat: Net sales of 737,800 metric tons (MT) for 2025/2026 were up 25 percent from the previous week and from the prior 4-week average. Export shipments of 667,700 MT were up noticeably from the previous week and up 38 percent from the prior 4-wee...

livestock

Livestock Round Up: Trade Update

The beef sector experienced a week of record-breaking prices, and depressed packer margins for the week ending 1 August. Live cattle were a record $244.41 per hundredweight (cwt) for Choice steers, a $48 jump compared to the same week last year, while the cutout dropped $5.22 per pound and by m...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.07/bushel, up $0.0575 from yesterday's close.  Sep 25 Wheat closed at $5.1825/bushel, up $0.0975 from yesterday's close.  Nov 25 Soybeans closed at $9.9375/bushel, up $0.0925 from yesterday's close.  Dec 25 Soymeal closed at $285.2/short ton, up $3.9 from...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day Awaiting New Inputs

There were few fundamental inputs, but today’s agricultural futures markets established new contract lows for corn, SRW and HRS. There was a new contract high for feeder cattle.   The market has received new private sector crop estimates and next comes crop tours and the August...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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