World Perspectives

Livestock Roundup: Food Inflation Enters the Presidential Campaign

Food inflation has made its way into the Presidential campaign. In a rally in Michigan yesterday, Republican Vice Presidential candidate Senator J.D. Vance, when asked about food inflation, called to “fire” Secretary of Agriculture Tom Vilsack and to double down on energy production to lower input costs from fertilizer to diesel fuel for farm production. Tomorrow, Democratic nominee Vice President Kamala Harris is going to propose a federal price gouging law with regard to groceries. She’ll likely endorse legislation already proposed by Senators Elizabeth Warren (D-Massachusetts), Bob Casey (D-Pennsylvania), and Tammy Baldwin (D-Wisconsin). In keeping in line with the Biden Administration, much of the focus will be on the...

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feed-grains soy-oilseeds wheat

Export Sales Bouy Grains; Argy Weather, Slow Exports Sink Soybeans

Grain markets were quiet in Friday’s overnight trade despite the bullish technical days they scored on Thursday. The Export Sales report – as one of the few fundamental updates available for the day – was influential in determining the grain markets’ direction for the day. That meant support fo...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.54/bushel, up $0.0025 from yesterday's close. Mar 25 Wheat closed at $5.465/bushel, up $0.055 from yesterday's close. Mar 25 Soybeans closed at $9.8975/bushel, down $0.075 from yesterday's close. Mar 25 Soymeal closed at $310.5/short ton, down $4.4 from y...

feed-grains soy-oilseeds wheat

Argentine Weather Emboldens CBOT Bulls

The CBOT found its way to higher ground on Thursday after an old-school hard opening with no overnight session to guide the market. Argentina’s weather is starting to become more impactful for grain futures as dryness persists into the mid-January forecast, which could disrupt early corn and so...

feed-grains soy-oilseeds wheat

Export Sales Bouy Grains; Argy Weather, Slow Exports Sink Soybeans

Grain markets were quiet in Friday’s overnight trade despite the bullish technical days they scored on Thursday. The Export Sales report – as one of the few fundamental updates available for the day – was influential in determining the grain markets’ direction for the day. That meant support fo...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.54/bushel, up $0.0025 from yesterday's close. Mar 25 Wheat closed at $5.465/bushel, up $0.055 from yesterday's close. Mar 25 Soybeans closed at $9.8975/bushel, down $0.075 from yesterday's close. Mar 25 Soymeal closed at $310.5/short ton, down $4.4 from y...

feed-grains soy-oilseeds wheat

Argentine Weather Emboldens CBOT Bulls

The CBOT found its way to higher ground on Thursday after an old-school hard opening with no overnight session to guide the market. Argentina’s weather is starting to become more impactful for grain futures as dryness persists into the mid-January forecast, which could disrupt early corn and so...

livestock

Livestock Roundup: Butterfat Boom

As WPI reported on 2 July, USDA released its proposed Federal Milk Marketing Order (FMMO) reforms; the final proposal was released in early November 2024.  This final proposal will now go to producer referenda in each of the 11 FMMO regions. Producers whose milk was pooled in January...

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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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