World Perspectives
feed-grains soy-oilseeds livestock

Heifer Slaughter Higher in July; Red Meat Exports

The U.S. Meat Export Federation (USMEF) today released the July beef and pork export volumes and values, which are totaled from USDA statistics. Beef exports were up in volume but down in value, and pork exports were up in both. Heifer Slaughter Higher in July Cattle cycles are a period of time during which the number of beef cattle in the nation is alternately expanded and reduced for several consecutive years in response to perceived changes in profitability. These cycles are measured from trough to trough, and the U.S. entered a new one in 2015, moving from herd liquidation to herd expansion. This was built on heifer retention that began in 2014. Recent cattle cycles have typically seen more years of decreasing inventory. To that point...

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Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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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