World Perspectives
livestock

Hogs and Pigs Report Preview

USDA will release its quarterly Hogs and Pigs report tomorrow. The pre-report estimate is as follows: The pigs per litter for March through May is forecast at 101.3 percent of last year, with a range of 100.9 to 102.3 percent. The pig crop is expected at a one percent increase, that aligns with the projected inventory of market hogs under 50 pounds, but most of the growth is expected to come from trendline growth in pigs saved per litter. The expected pigs per litter trend for spring born pigs is up about 1.3 percent and is in line with the trend. However, there have been concerns over inventory loss due to porcine respiratory and reproductive (PRRS) virus. The report should put some parameters on that. Notably, in the 1 March report, pigs...

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New World Screwworm Human Case

The state of Maryland has reported the first human case of new world screwworm (NWS) in a person who travelled to an affected area. Reports vary citing both El Salvador and Guatemala.   A statement from the Maryland Department of Health provides the details:  This is the first hu...

livestock

Livestock Industry Margins

Beef packer margins improved for the third straight week, adding more than $100/head to profits on fresh record highs in the beef market. Margins are now around -$80/head, still very low by post-2010 standards but a sharp improvement from recent losses. The broad strength across beef markets &m...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Trade Drives CBOT as Markets Eye Yields, First Notice Day

Friday’s market fireworks faded a bit on Monday as traders took the opportunity to rest and reassess fundamentals. There were no particularly big news items over the weekend to drive a big swing in markets, which meant that a lull was almost bound to follow last week’s large moves i...

livestock

New World Screwworm Human Case

The state of Maryland has reported the first human case of new world screwworm (NWS) in a person who travelled to an affected area. Reports vary citing both El Salvador and Guatemala.   A statement from the Maryland Department of Health provides the details:  This is the first hu...

livestock

Livestock Industry Margins

Beef packer margins improved for the third straight week, adding more than $100/head to profits on fresh record highs in the beef market. Margins are now around -$80/head, still very low by post-2010 standards but a sharp improvement from recent losses. The broad strength across beef markets &m...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Trade Drives CBOT as Markets Eye Yields, First Notice Day

Friday’s market fireworks faded a bit on Monday as traders took the opportunity to rest and reassess fundamentals. There were no particularly big news items over the weekend to drive a big swing in markets, which meant that a lull was almost bound to follow last week’s large moves i...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.2975/bushel, up $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.4775/bushel, down $0.1075 from yesterday's close.  Dec 25 Soymeal closed at $290.9/short ton, down $0...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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