World Perspectives
livestock

Bearish Cattle on Feed Report

USDA released its Cattle on Feed report today and the inventory of cattle in feedlots with a capacity of 1,000 head or more was 11.4 million head, that is 104 percent of 1 September 2019 and above pre-report expectations.  It is a record large 1 September inventory dating back to 1996 when records began.

Marketings came in as expected and placements were well above the pre-report average, and near the very top of the range of expectations. This is in line with August slaughter data which shows beef production at 2.33 billion pounds based on 2.8 million head sluaghtered (96 percent of last year) and liveweights at 1,365, which was 27 pounds heavier (102 percent) of last year. Beef demand remains an unknown variable moving into Q4 202...

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Key Market Developments Markets opened mixed after reports that Iran signaled a willingness to discuss ending the conflict with the United States. Sentiment improved further after President Trump stated that U.S. strikes had significantly degraded Iranian military capabilities and outlined meas...

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May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close.  May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close.  May 26 Soymeal closed at $309.9/short ton, down $...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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FOB Prices and Freight Rates App (Updated 4 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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