World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

Livestock Poor Demand Forces Major Hog Producers to Revise 2023 Goals The impact of African Swine Fever (ASF) along with poor sales has pushed China’s leading hog companies to reexamine their 2023 production targets. With the average cash price for live hogs dropping RMB .19/kg ($.01/lb.) or 1.3 percent, the average loss per marketed pig expanded by RMB 135/head ($19.62/head) or 84.4 percent, even with corn prices continuing to trend downward. The dire situation was reinforced by the corn-hog ratio, which declined again and dropped to 5.09 last week.   As noted last week, domestic producers have seen their total hog inventories cut by 20 to 30 percent due to ASF and a rush to sell overweight hogs during the first quarter...

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feed-grains soy-oilseeds wheat

Summary of Futures

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

feed-grains soy-oilseeds wheat

Market Commentary: Macro Pressure and Energy Strength Lift Grain Markets

Key Market Developments Macro: Reinforcing a Higher-for-Longer Environment Today’s inflation data reinforced what markets were already beginning to price in: a more persistent, “higher for longer” rate environment. U.S. producer prices came in above expectations, with headline...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 9–13 March 2026 Russia’s grain market turned firmer in the second week of March, led by stronger price action in Asian Russia, where domestic values continue adjusting higher toward neighboring Kazakh levels. By contrast, European Russia and the Black Sea rema...

feed-grains soy-oilseeds wheat

Summary of Futures

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

feed-grains soy-oilseeds wheat

Market Commentary: Macro Pressure and Energy Strength Lift Grain Markets

Key Market Developments Macro: Reinforcing a Higher-for-Longer Environment Today’s inflation data reinforced what markets were already beginning to price in: a more persistent, “higher for longer” rate environment. U.S. producer prices came in above expectations, with headline...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 9–13 March 2026 Russia’s grain market turned firmer in the second week of March, led by stronger price action in Asian Russia, where domestic values continue adjusting higher toward neighboring Kazakh levels. By contrast, European Russia and the Black Sea rema...

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

Illuminating the value of technical research

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