World Perspectives
livestock

U.S. Red Meat Exports Winning the Long Game

The May export data is in. Pork export volume was the third highest on record behind March 2020 and March 2021. Beef export volume set a historic record (also beating the previous high mark of March 2021), and for the third consecutive month the beef export value set a record. To date, beef exports are running 16 percent above the previous five-year average. Red meat exports have benefitted in the long game that dates back almost two decades. Exports to Korea set a record in May at 29,403 MT, and for January to May were 121,881 MT valued at $912 million, which now makes Korea the leading value market for U.S. beef.  In 2008, there were street protests about letting U.S. beef into the country after the BSE detection in 2003 –...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Strong Friday and an Upward Bound Week

If yesterday’s trading looked like uncertainty ultimately succumbing to the bulls, today’s trading opened with the bears fully in charge. Contracts opened lower and mostly stayed that way until late morning when there appeared to be an epiphany with the bulls and they took charge. I...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.425/bushel, up $0.03 from yesterday's close.  Jul 25 Wheat closed at $5.5475/bushel, up $0.0925 from yesterday's close.  Jul 25 Soybeans closed at $10.5725/bushel, up $0.055 from yesterday's close.  Jul 25 Soymeal closed at $295.7/short ton, down $1.4 fro...

Beyond the Report Headlines: Measuring Trump’s Effects

The BLS released the employment report this morning indicating that the U.S. added 139,000 jobs in May, down slightly from April’s revised 147,000, but slightly above pre-report forecasts of 126,000. However, payrolls were revised downward an unusually large 95,000 for the prior two month...

feed-grains soy-oilseeds wheat

Market Commentary: Strong Friday and an Upward Bound Week

If yesterday’s trading looked like uncertainty ultimately succumbing to the bulls, today’s trading opened with the bears fully in charge. Contracts opened lower and mostly stayed that way until late morning when there appeared to be an epiphany with the bulls and they took charge. I...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.425/bushel, up $0.03 from yesterday's close.  Jul 25 Wheat closed at $5.5475/bushel, up $0.0925 from yesterday's close.  Jul 25 Soybeans closed at $10.5725/bushel, up $0.055 from yesterday's close.  Jul 25 Soymeal closed at $295.7/short ton, down $1.4 fro...

Beyond the Report Headlines: Measuring Trump’s Effects

The BLS released the employment report this morning indicating that the U.S. added 139,000 jobs in May, down slightly from April’s revised 147,000, but slightly above pre-report forecasts of 126,000. However, payrolls were revised downward an unusually large 95,000 for the prior two month...

livestock

Even After Recent Market Gains, Hog and Pork Outlook Remains Rosy

Anyone following the hog and pork markets recently has seen the volatility that preceded the recent surge to new contract highs, and the lack of consensus in the industry’s outlook. The USDA will issue their quarterly Hogs and Pigs report at the end of June, which will help inform the ind...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up