World Perspectives
livestock

Livestock Round Up: Meat Industry Facing World of Confusion

Yesterday’s daily cattle slaughter was 110,000 head, up 9 percent from the prior Wednesday’s kill of 101,000 head but down 17 percent from the same day last year (122,000). Daily hog slaughter was 415,000 head, up 5 percent from last week, but still down 14 percent from last year. For the year, cattle slaughter is down 6.9 percent and beef production is down 4.8 percent; hog slaughter is down 1.1 percent and pork production is down 0.5 percent. The backlog at the packing plants is resulting in heavier weights which offsets lower kill numbers. Cattle were up to 1,363 pounds compared to 1,310 pounds the same week last year and hogs were at 293 pounds compared to 286 pounds last year. This week’s totals are down because...

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Market Commentary: Grain Bulls Emerge from Hibernation

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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

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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...

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

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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