World Perspectives
livestock

Livestock Roundup: WASDE Shows Protein Production Mostly Down

Red meat and poultry production total estimates were down for August in the latest WASDE report. Beef production for the year was estimated at 25.926 billion pounds, which was 262 million pounds less than July on lower slaughter and relatively lighter dressed carcass weights. Steer prices were forecast at $227.06 per cwt, a gain of $5.75. Pork production in 2025 is estimated at 27.747 billion pounds, down 294 million pounds due to slower processing and a reduction in dressed carcass weights. The average barrow and gilt price is forecast at $69.32 per cwt, up $0.75. Imports and domestic consumption are projected to decline while exports are forecast to increase.  However, broiler production for 2025 was 47.762 billion pounds, up 72 mill...

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Market Commentary: Grains Gain as Dollar Falls; Soybeans Extend Rally on Acreage and Heat

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Summary of Futures

Dec 25 Corn closed at $3.9725/bushel, up $0.0275 from yesterday's close.  Sep 25 Wheat closed at $5.0725/bushel, up $0.0225 from yesterday's close.  Nov 25 Soybeans closed at $10.4425/bushel, up $0.115 from yesterday's close.  Dec 25 Soymeal closed at $297.3/short ton, up $5.4 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Another Day in a Sea of Red

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feed-grains soy-oilseeds wheat

Market Commentary: Grains Gain as Dollar Falls; Soybeans Extend Rally on Acreage and Heat

The CBOT on Wednesday saw grains make a slight recovery and correction from Tuesday’s WASDE-induced selloff while the soybean market extended the bullish trade. Both corn and wheat pushed slightly higher for the day with concerns about heat in the Corn Belt supporting corn trade while whe...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $3.9725/bushel, up $0.0275 from yesterday's close.  Sep 25 Wheat closed at $5.0725/bushel, up $0.0225 from yesterday's close.  Nov 25 Soybeans closed at $10.4425/bushel, up $0.115 from yesterday's close.  Dec 25 Soymeal closed at $297.3/short ton, up $5.4 fr...

BRICS Unload; Pity the European Farmer; Policy Shorts

BRICS Unload President Trump has slow walked or balked at negotiating trade agreements with Brazil, India and South Africa. The supposed reasons include unfair treatment of Brazil’s Bolsonaro, India’s failure to open its market to U.S. farm goods while buying Russian oil, and South...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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