World Perspectives

Dairy Production Up on Fat Demand and Lower Feed Costs

In addition to stronger demand, dairy producers are enjoying good margins. This is despite milk prices being down from previous years and exports starting to tail off because of the strength of the U.S. dollar.The Dairy markets remain the most interesting markets to date. As we’ve reported previously, prices for butterfat are up based on consumer demand for full fat dairy products. Beginning this month, even McDonald’s is transitioning from margarine to butter for use with its breakfast sandwiches, which are also going on the menu full time instead of limited to morning hours. The chart below shows the component pricing for September:Although demand for butter remains strong heading into the holidays and production is still running below av...

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Market Commentary: Mixed Day But a Strong Week, And More Ahead

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U.S. July Fourth Holiday

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day But a Strong Week, And More Ahead

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U.S. July Fourth Holiday

Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

livestock

Livestock Roundup: China Impact on Red Meat Markets

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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