World Perspectives
livestock

Livestock Roundup: Cattle on Feed Preview

USDA will release its Cattle on Feed report tomorrow; the pre-report consensus analysts’ estimate is for the inventory of cattle on feed as of 1 September to be 101 percent of last year. August placements and marketing are expected to be 98.5 and 96.5 percent respectively of last year’s totals. There was one less day in August 2024 compared to August 2023.

As always, the range for placement forecasts is the widest. The differing points of view are over the potential effects of weather, since August was drier than normal which would lead to more placements, versus total feeder cattle sales which were down from a year ago implying fewer placements.

Cattle on feed totals and placements start to pick up in August and continue...

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Argentina Beef Imports Outlook for 2026

At the 2026 Cattle Industry Convention, Secretary of Health and Human Services Robert F. Kennedy, Jr., urged producers to expand the beef herd in a “fireside chat” with National Cattlemen’s Beef Association (NCBA) President Buck Wehrbein. Kennedy, however, acknowledged that he...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Turns Lower on Weather, Pre-WASDE Consolidation

Except for the red-hot soyoil market, the CBOT was mostly lower on Monday, with favorable South American weather and pre-WASDE position adjustment driving the day’s mentality. Corn, wheat, and soybeans all settled slightly lower Monday in either consolidative trade or a continuation of ch...

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Mar 26 Corn closed at $4.2875/bushel, down $0.015 from yesterday's close.  Mar 26 Wheat closed at $5.2875/bushel, down $0.01 from yesterday's close.  Mar 26 Soybeans closed at $11.1075/bushel, down $0.045 from yesterday's close.  Mar 26 Soymeal closed at $297.8/short ton, down $5...

livestock

Argentina Beef Imports Outlook for 2026

At the 2026 Cattle Industry Convention, Secretary of Health and Human Services Robert F. Kennedy, Jr., urged producers to expand the beef herd in a “fireside chat” with National Cattlemen’s Beef Association (NCBA) President Buck Wehrbein. Kennedy, however, acknowledged that he...

New Trade Agreements

Just as Donald Trump’s dismantling of the world order is said to have motivated Europe’s conclusion of trade agreements with Mercosur and India, his trade agreements with India and Argentina are thought to have been motivated by Europe’s trade moves. A novel question: who is f...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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