World Perspectives
livestock

Hog and Cattle Market Cues from Cold Storage

USDA’s monthly Cold Storage report was released on Monday, and it showed the 30 June red meat and poultry inventory at 2.392 billion pounds, 97.2 percent of the 31 May stocks but 104.7 percent of the 30 June 2018 total. Each species followed its typical monthly pattern for June: Chicken supplies in freezers remained flat, the turkey inventory was built up, and red meat stocks were drawn down. However, given the export problems faced by pork, those supplies were far higher versus June 2018, which was about the time that Mexican and Chinese tariffs hit U.S. exports. To underscore this point, approximately 27.5 percent of all the pork in storage consisted of hams, which were at 115 percent of last year. These are traditionally the top...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Bottom Signaled; Beef Attacked

Fund buying is signaling it is the market bottom for grains, because they say so. And beef has hit a market top because President Trump says it has. Of course, it is more complex than that but those are authoritative sources.  The corn market did not wait for such signals, instead rallying...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.0375/bushel, up $0.0125 from yesterday's close.  Nov 25 Soybeans closed at $10.195/bushel, up $0.0875 from yesterday's close.  Dec 25 Soymeal closed at $281/short ton, up $4.1 from...

livestock

Trump Announces Cattle and Beef Plan: Color Us Suspicious

This morning, President Trump announced that the administration is working on a plan to lower beef prices. The price of beef is "higher than we want it, and that's going to be coming down pretty soon too. We did something, we worked out magic" Trump said, with no details offered.   As...

feed-grains soy-oilseeds wheat

Market Commentary: Bottom Signaled; Beef Attacked

Fund buying is signaling it is the market bottom for grains, because they say so. And beef has hit a market top because President Trump says it has. Of course, it is more complex than that but those are authoritative sources.  The corn market did not wait for such signals, instead rallying...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.0375/bushel, up $0.0125 from yesterday's close.  Nov 25 Soybeans closed at $10.195/bushel, up $0.0875 from yesterday's close.  Dec 25 Soymeal closed at $281/short ton, up $4.1 from...

livestock

Trump Announces Cattle and Beef Plan: Color Us Suspicious

This morning, President Trump announced that the administration is working on a plan to lower beef prices. The price of beef is "higher than we want it, and that's going to be coming down pretty soon too. We did something, we worked out magic" Trump said, with no details offered.   As...

livestock

Record Breaking Cow-Calf Profitability for 2025

With October and the fall calf run now officially here, the beef industry is getting its first look at the realized profitability of many cow-calf operations. Most operations wean and market calves in the fall, starting in September or early October and running through December, which means Q4...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up