World Perspectives
livestock

China’s Pork Dilemma

When African Swine Fever (ASW) struck China late last decade, animals were euthanized and actual swine numbers fell from their high by nearly 38 percent. Meanwhile, pork imports understandably rose dramatically to fill the void and consumer demand. Imports fell as the domestic herd recovered. Domestic pork output has been rising even as prices are reportedly falling. Meat production has been rising faster as productivity gains have meant more meat per pig. Pig producers are said to be losing money but they keep producing with the benefit of easy domestic credit. However, more notable is that pork import volume has begun rising despite the low domestic prices and record domestic production. But the value may be falling as prices have droppe...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.175/bushel, up $0.08 from yesterday's close.  Sep 25 Wheat closed at $5.4075/bushel, up $0.04 from yesterday's close.  Nov 25 Soybeans closed at $10.2475/bushel, up $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $271.1/short ton, up $0.2 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Trade Deals, Emerging Dryness Spark CBOT Short Covering

Traders seemed content to take short risk off the table heading into the weekend with USDA’s June Acreage and Grain Stocks reports due out Monday. Funds in particular are comfortable with positions ahead of these reports and saw little reason to push markets further into oversold territor...

feed-grains soy-oilseeds wheat

Market Commentary: More Declines But They Slowed

The bleeding didn’t stop, but it slowed down today. Although corn and soybeans were up in the overnight and opened that way this morning, it didn’t last. It has been a very bearish week, though the declines were much shallower today than in previous days. While soybeans and wheat we...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.175/bushel, up $0.08 from yesterday's close.  Sep 25 Wheat closed at $5.4075/bushel, up $0.04 from yesterday's close.  Nov 25 Soybeans closed at $10.2475/bushel, up $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $271.1/short ton, up $0.2 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Trade Deals, Emerging Dryness Spark CBOT Short Covering

Traders seemed content to take short risk off the table heading into the weekend with USDA’s June Acreage and Grain Stocks reports due out Monday. Funds in particular are comfortable with positions ahead of these reports and saw little reason to push markets further into oversold territor...

feed-grains soy-oilseeds wheat

Market Commentary: More Declines But They Slowed

The bleeding didn’t stop, but it slowed down today. Although corn and soybeans were up in the overnight and opened that way this morning, it didn’t last. It has been a very bearish week, though the declines were much shallower today than in previous days. While soybeans and wheat we...

livestock

Livestock Roundup: Hogs and Pigs Report

USDA released its quarterly Hogs and Pigs report today. The numbers were in line with pre-report expectations. The inventory of all hogs and pigs on 1 June was 75.1 million head. This was up slightly from 1 June 2024, and up 1 percent from 1 March 2025. Breeding inventory, at 5.98 million head...

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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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