World Perspectives
livestock

Livestock Round Up: Balancing Out the Hog Sector

Last week, USDA released the combined U.S. and Canada livestock inventory report, which added a little additional clarity on the hog and pork situation. USDA reported that the combined hog and pig inventory in the U.S. and Canada at the start of June 2020 was 93.634 million head, up 4 percent on the year. Most of the inventory is in the U.S. at 79.634 million head (an increase of 5 percent). Canada’s herd at 14 million head is slightly higher than the year before. That combined total includes a market herd of 86.1 million head, 5 percent above the June 2019 total, and a breeding herd of 7.57 million head, a year to year decline of 1 percent. The pig crop was 84.2 million head, up 3 percent, while the number of sows farrowed during th...

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Summary of Futures

Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

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FOB Prices and Freight Rates App (Updated 2 July)

WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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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