World Perspectives
livestock

Livestock Industry Margins

Beef packer margins were positive for the second straight week with holiday grilling demand supporting the beef market and packer profits. Packers have done an incredible job managing margins this summer and in just  three weeks swung from the deepest losses on record to well above breakeven levels. Gains across the beef complex were key in creating this improved profitability while last week’s steady/lower trade in fed cattle also helped.  The mixed trend in feedlot profits continued ...

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feed-grains soy-oilseeds wheat

Market Commentary: Fundamentals in the Backseat; Conflict Impacts Driving Markets

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FOB Prices and Freight Rates App (Updated 4 March)

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feed-grains soy-oilseeds wheat

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Schumer Planning a Bill to Force Divestiture in Meat Industry

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.465/bushel, up $0.0075 from yesterday's close.  May 26 Wheat closed at $5.74/bushel, down $0.0325 from yesterday's close.  May 26 Soybeans closed at $11.705/bushel, up $0.065 from yesterday's close.  May 26 Soymeal closed at $314.7/short ton, up $1.8 from...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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