World Perspectives
livestock

Livestock Round Up: Food Inflation Sets Another Record; Meat Lags All Food

As Matt Herrington covered yesterday, consumer inflation was up, and on an annual basis food inflation led the all-goods Consumer Price Index (CPI), although it was below the month-to-month CPI which was driven by energy.   The June CPI was 1.3 percent on a monthly basis, after increasing 1 percent in May. For June, the year-over-year inflation rate is 9.1 percent – the highest since November 1981.  Food inflation was 1 percent in June, for a year-over-year increase of 10.4 percent, the largest increase in food prices since February 1981. The food-at-home index (grocery retail prices, less food service prices) was 12.2 percent on an annual basis – the largest increase since April 1979 as consumer spending on foo...

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Market Commentary: USDA Reports Offer Few Surprises, Weather Dominates Trade Outlook

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Un-Trade Agreements; Ag in Big Beautiful Bill; CAP Controversy

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WPI Crop Progress and Conditions App (Updated 30 June)

Update for 28 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 o...

feed-grains soy-oilseeds wheat

Market Commentary: USDA Reports Offer Few Surprises, Weather Dominates Trade Outlook

The USDA’s Grain Stocks and Acreage reports dominated the CBOT’s attention on Monday with the Noon ET release of both datasets driving the day’s action. There were relatively few surprises in the report but minor deviations from expectations helped create support in new crop s...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 30 June)

Update for 28 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 o...

feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.0925/bushel, down $0.0225 from yesterday's close.  Sep 25 Wheat closed at $5.3825/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, up $0.0225 from yesterday's close.  Aug 25 Soymeal closed at $275.8/short ton, up $0.2...

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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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