World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

Livestock Live Hog Price Falls Below RMB 15/kg A combination of oversupply and tepid demand sent the national average cash price tumbling down last week by RMB .56/kg ($.08/lb.) or 3.7 percent. Cash prices are now where they stood midway through February. The average operating loss per live hog actually contracted by RMB 47/head ($6.84/head) or 22.7 percent as falling feed costs outpaced the drop in live hog cash prices. Meanwhile, the corn-hog ratio on a cash basis fell to 5.14. The issue of an oversupplied market may seem strange given the impact of African Swine Fever (ASF) resurgence here in the first quarter, which has led to a 20 to 30 percent reduction in the live hog inventory, but the majority of pigs impacted have been sows. Eve...

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Market Commentary: Macro Pressure and Energy Strength Lift Grain Markets

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feed-grains soy-oilseeds wheat

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Please see the attached summary sheet - page one: ...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.54/bushel, up $0 from yesterday's close.  May 26 Wheat closed at $5.8975/bushel, down $0.075 from yesterday's close.  May 26 Soybeans closed at $11.57/bushel, up $0.0175 from yesterday's close.  May 26 Soymeal closed at $311.7/short ton, down $0.5 from ye...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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