World Perspectives
livestock softs

It’s Hard to Make Some People Happy

Ironically, the most protected industry in U.S. agriculture is complaining that its farmers are disadvantaged, and it makes an emotional appeal with an economically-flawed statistic.Some people are hard to please. No matter what is done for them, they always see dark clouds on the horizon or feel slighted. Despite a level playing field, handouts, bailouts and other given advantages, some folks continuously feel they are fighting an uphill battle. Agriculture is hardly immune from this response, as a recent social media post would suggest.The American Sugar Alliance posted the following picture on its Facebook page in apparent protest of the fact that sugar prices haven’t changed in 20 years despite a 300 percent hike in candy prices. While...

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livestock

Livestock Industry Margins

Beef packer margins improved sharply, with estimated net losses narrowing to -$111/head from -$206/head the prior week. The recovery was driven by another firming in the boxed beef cutout, which rose to $379.00/cwt, while fed cattle prices softened modestly on the week. Even with the improvemen...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5375/bushel, down $0.0675 from yesterday's close.  May 26 Wheat closed at $6.0325/bushel, down $0.135 from yesterday's close.  May 26 Soybeans closed at $11.9625/bushel, down $0.045 from yesterday's close.  May 26 Soymeal closed at $313.5/short ton, down...

feed-grains soy-oilseeds wheat

Market Commentary: Crude Oil Rally and Crash Drives Whipsaw CBOT Action

The massive rally in energy markets remains the primary story underpinning ag markets. Front-month crude oil futures ripped higher overnight and traded above $100/brl for the first time since July 2022 before scoring an overnight high just shy of $120/brl. That strength pulled ag markets &ndash...

livestock

Livestock Industry Margins

Beef packer margins improved sharply, with estimated net losses narrowing to -$111/head from -$206/head the prior week. The recovery was driven by another firming in the boxed beef cutout, which rose to $379.00/cwt, while fed cattle prices softened modestly on the week. Even with the improvemen...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5375/bushel, down $0.0675 from yesterday's close.  May 26 Wheat closed at $6.0325/bushel, down $0.135 from yesterday's close.  May 26 Soybeans closed at $11.9625/bushel, down $0.045 from yesterday's close.  May 26 Soymeal closed at $313.5/short ton, down...

feed-grains soy-oilseeds wheat

Market Commentary: Crude Oil Rally and Crash Drives Whipsaw CBOT Action

The massive rally in energy markets remains the primary story underpinning ag markets. Front-month crude oil futures ripped higher overnight and traded above $100/brl for the first time since July 2022 before scoring an overnight high just shy of $120/brl. That strength pulled ag markets &ndash...

Process Standards as NTBs; Nazi Food

Process Standards as NTBs California’s Prop 12, which a House Agriculture Committee-passed farm bill is supposed to override, restricts the sale of pork and eggs in the state if not produced according to its restrictive standards. Such processing restrictions have long been used as nontar...

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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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