World Perspectives
livestock

Classical Swine Fever in Japan/ASF in China; U.S. Meat Exports to Japan; Data Catch-Up; Farm Income and Expenses

Classical Swine Fever in Japan/ASF in China Cases of classical swine fever (CSF), also known as hog cholrea, have been detected in five prefectures in Japan, most recently in the centrally-located Aichi Prefecture. So far, about 15,000 pigs are in the process of being culled. (Correction: It was initially reported here that this outbreak in Japan was African swine fever (ASF); it is, in fact, classical swine fever, which is a different strain caused by other viruses. Both, however, are highly contagious and lead to pig mortality. The critical difference from a contagion and market impact is that, according to the Organization of International Epizootics, there is no approved vaccine for ASF. There is an approved vaccine for CSF, but outbr...

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Market Commentary: Rebound for Corn, Beans on Iran News; Wheat Declines

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livestock

Cattle on Feed Report: Neutral

USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more of capacity amounted to 11.6 million head, 99 percent of last year. The steer and steer calf inventory was down slightly from a year ago at 7.256 million head,...

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Summary of Futures

May 26 Corn closed at $4.4875/bushel, up $0.0025 from yesterday's close.  May 26 Wheat closed at $5.9125/bushel, down $0.0725 from yesterday's close.  May 26 Soybeans closed at $11.6725/bushel, up $0.035 from yesterday's close.  May 26 Soymeal closed at $331.8/short ton, down $0...

feed-grains soy-oilseeds wheat

Market Commentary: Rebound for Corn, Beans on Iran News; Wheat Declines

New variables specifically in the agricultural markets were light today, but the Iran war news hit some markets like a tsunami. The war and Iran’s chokehold on global oil supplies have subjugated economies for nearly seven weeks with outsized petrol prices. Everything became distorted aro...

livestock

Cattle on Feed Report: Neutral

USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more of capacity amounted to 11.6 million head, 99 percent of last year. The steer and steer calf inventory was down slightly from a year ago at 7.256 million head,...

feed-grains soy-oilseeds wheat

Market Commentary: More Wheat Weather Premium, but Weakness Elsewhere

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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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