World Perspectives
feed-grains livestock

WASDE; Japan Says No

Today’s WASDE report shows overall animal protein production revised upward for the year, and Japan imposes safeguard tariffs on frozen beef for the first time since 1996. WASDE USDA released its August WASDE report today, forecasting red meat and poultry production to be higher than previously estimated. The projected increase in beef and broiler production more than offsets a reduction in turkey and pork production.The beef production forecast change is based on both higher cattle slaughter and increasingly heavier carcass weights. The volume of cattle placed on feed guarantees a higher weekly slaughter pace for the next few months, and that is in addition to cattle slaughter being up 5.9 percent on the year to date.However, beef produc...

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feed-grains soy-oilseeds wheat

Market Commentary: Calm, Confident, But Correct?

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.215/bushel, up $0.065 from yesterday's close.  Nov 25 Soybeans closed at $10.335/bushel, up $0.0825 from yesterday's close.  Dec 25 Soymeal closed at $287.7/short ton, up $1.9 from...

Livestock Roundup: Inflation Is Up

The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Calm, Confident, But Correct?

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livestock

China’s Beef Outlook Amid a Shrinking Middle Class

Recently, the USDA FAS lowered its forecast for China’s 2025 beef consumption based on higher prices and the Middle Kingdom’s slowing economy. The USDA forecast consumption at 11.17 MMT, down 3 percent from 2024 and the first annual decline since 2017.  The motivation behind th...

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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.

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