World Perspectives
livestock

Livestock Roundup: Beef Outlook

Beef production is now forecast at 26.632 million pounds, an increase of 775 million pounds (+3 percent) from the January forecast. Before taking this number at face value, however, it’s important to consider how the USDA constructs its forecasts. If there is a significant change in market conditions, the USDA adjusts its fundamental forecast accordingly. In late November, the USDA announced a suspension of all cattle imports from Mexico due to the infestation of New World Screw Worm in Chiapas, along the Guatemalan border. As a result, the December forecast for 2025 beef production was revised downward from 26.347 million pounds to 25.732 million pounds, a 615-million-pound reduction. Now, with trade between the U.S. and Mexico poise...

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feed-grains soy-oilseeds wheat

Market Commentary: Tariffs on, Risk off

The market opened today as it had closed from the previous night’s session, with double digit declines in many contracts. An hour into today’s session, first soymeal, then corn, then HRW and hogs turned green. Many then wobbled both sides of unchanged.  There was a new contract...

While Swinging for the Fence

Early reactions to President Trump’s tariff war are as expected. Major foreign trading partners are expressing shock and assuring Washington that if there is no negotiated settlement, there will be an appropriate response. Domestic pundits emphasize this is a tax on American consumers and...

livestock

Livestock Roundup: Liberation Day Declared, Will Cooler Heads Prevail?

Yesterday, President Trump imposed reciprocal tariffs, stating: My fellow Americans, this is Liberation Day. April 2, 2025, will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed, and the day that we began to make America wealthy again. We wi...

feed-grains soy-oilseeds wheat

Market Commentary: Tariffs on, Risk off

The market opened today as it had closed from the previous night’s session, with double digit declines in many contracts. An hour into today’s session, first soymeal, then corn, then HRW and hogs turned green. Many then wobbled both sides of unchanged.  There was a new contract...

While Swinging for the Fence

Early reactions to President Trump’s tariff war are as expected. Major foreign trading partners are expressing shock and assuring Washington that if there is no negotiated settlement, there will be an appropriate response. Domestic pundits emphasize this is a tax on American consumers and...

livestock

Livestock Roundup: Liberation Day Declared, Will Cooler Heads Prevail?

Yesterday, President Trump imposed reciprocal tariffs, stating: My fellow Americans, this is Liberation Day. April 2, 2025, will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed, and the day that we began to make America wealthy again. We wi...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 21-27, 2025. Wheat: Net sales of 340,000 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 40 percent from the prior 4-week average. Export shipments of 499,600 MT were up 17 percent from the previous week and 33 percent from th...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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