World Perspectives
livestock

Livestock Industry Margins

Meat packer margins improved for the first time in several weeks last week with gains in beef and pork prices offsetting gains in market animal values. Beef packer margins improved by $17/head last week but remain at their second-lowest levels in the past 15 years due to high fed cattle costs. Pork packer margins turned positive last week after dipping into the negative the prior week with gains in the pork cutout driving the swing.  Livestock feeding profits were ...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.475/bushel, up $0.04 from yesterday's close.  Jul 25 Wheat closed at $5.29/bushel, up $0.04 from yesterday's close.  Jul 25 Soybeans closed at $10.5075/bushel, up $0.0075 from yesterday's close.  Jul 25 Soymeal closed at $291.1/short ton, down $0.8 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Short Covering, Weather, Exports, and Weak Dollar Lift CBOT

The CBOT turned higher to start the week with wheat, corn, soybeans, and soy oil, all finding their way to higher ground amid a mix of factors. The big news for the day was Moody’s weekend downgrade of the U.S. credit rating, from “triple-A” to “double-A”. That new...

Fake is Out

Health and Human Services Secretary RFK, Jr. wants to stop demand for fake food colorings and Americans are slowing demand for fake food products. The demand for plant-based milks skyrocketed in percentage terms just a few years ago. Farm state politicians rushed to regulate the use of the word...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.475/bushel, up $0.04 from yesterday's close.  Jul 25 Wheat closed at $5.29/bushel, up $0.04 from yesterday's close.  Jul 25 Soybeans closed at $10.5075/bushel, up $0.0075 from yesterday's close.  Jul 25 Soymeal closed at $291.1/short ton, down $0.8 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Short Covering, Weather, Exports, and Weak Dollar Lift CBOT

The CBOT turned higher to start the week with wheat, corn, soybeans, and soy oil, all finding their way to higher ground amid a mix of factors. The big news for the day was Moody’s weekend downgrade of the U.S. credit rating, from “triple-A” to “double-A”. That new...

Fake is Out

Health and Human Services Secretary RFK, Jr. wants to stop demand for fake food colorings and Americans are slowing demand for fake food products. The demand for plant-based milks skyrocketed in percentage terms just a few years ago. Farm state politicians rushed to regulate the use of the word...

I Don’t Care; Rebalancing U.S. – Japan Trade

I Don’t Care That is likely President Trump’s attitude toward the WTO General Council’s castigation of his tariff war. Understandably, WTO members believe the complete flaunting of its rules by the U.S. undermines the entire organization. Both China and the EU want the U.S. na...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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