World Perspectives
livestock

Beef Prices Up on Limited Supply

According to USDA, Americans spent about 6.4 percent of their annual consumer expenditures on food in 2012. However, protein prices are rsing at a faster rate than other commodities in the food supply, especially beef prices. Beef Prices Up on Limited Supply According to USDA, Americans spent about 6.4 percent of their annual consumer expenditures on food in 2012. However, protein prices are rsing at a faster rate than other commodities in the food supply, especially beef prices. Between 2006 and 2014, wages have increased 20.6 percent. However, beef prices are up about 25 percent over the same period and are outpacing wage increases, which certainly is an unsustainable trend for the industry. Meanwhile, U.S. beef production is down about...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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Market Commentary: Mixed Week and a Mixed Outlook

This is the limbo period between the expectations and reality of a new crop going into the ground. Prices gyrate in a narrow range, awaiting something more definitive than planting “intentions.” The bears see a planting pace off to a quick start, the bulls see ground that in many pl...

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Previous administrations—including that of President Donald Trump—have promoted domestic consumption of corn and soybeans through expanded biofuel mandates and subsidies. The original framework for this policy was the Energy Independence and Security Act of 2007, which required the...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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