World Perspectives
feed-grains wheat livestock

Indian Subcontinent Regional Analysis

India is importing corn for the first time in 16 years, limited for use by only actual end users. Non-GM is specified and is being sourced from Ukraine. However, some are not interested due to the pricing. Ukrainian Corn Imported for Actual Users; Domestic Prices Stumble It appears that India’s attempt to import corn after 16 years is going well. The final contract has been awarded to Daewoo International for 225,000 MT. The stipulated quantities were reduced for some ports as the actual users were not interested in buying due to the pricing. Meanwhile, domestic prices have started a downward trend since the good response to the tender.Because the imports were authorized specifically for actual users, the Directorate General of Foreign T...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 26 Corn closed at $4.755/bushel, up $0.0625 from yesterday's close.  Jul 26 Wheat closed at $6.5775/bushel, up $0.28 from yesterday's close.  Jul 26 Soybeans closed at $11.8925/bushel, down $0.0275 from yesterday's close.  Jul 26 Soymeal closed at $327.4/short ton, down $0.4...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 27 April)

Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 26 Corn closed at $4.755/bushel, up $0.0625 from yesterday's close.  Jul 26 Wheat closed at $6.5775/bushel, up $0.28 from yesterday's close.  Jul 26 Soybeans closed at $11.8925/bushel, down $0.0275 from yesterday's close.  Jul 26 Soymeal closed at $327.4/short ton, down $0.4...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 27 April)

Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...

livestock

Livestock Industry Margins

Beef packer margins improved to -$100/head last week, up $28 from the prior week as the Choice cutout stabilized following its brief post-Easter decline while fed cattle prices eased modestly. The cutout firmed to $384/cwt, while fed cattle prices slipped to $246/cwt, allowing packer margins to...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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