World Perspectives
feed-grains soy-oilseeds wheat

Middle East and Mediterranean Regional Analysis

The Turkish lira has reached a record low against the U.S. dollar after falling 22 percent so far in 2015, and that is pushing up prices for imported grains and proteins. Higher food costs are in turn having an impact on the country's overall consumer price index.   Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt's agriculture minister resigned this past Sunday at the request of the president. No reason was given, but the local press is guessing that it was due to either the local wheat program not working as well as planned because of the large volumes of imported wheat passing as local or the recent on-again-off-again ban on cotton imports.According to a recent report from USDA's Global Agriculture Information Network...

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livestock

Cattle on Feed - June 2025

U.S. Cattle on Feed totaled 11.4 million head on June 1, 2025. This was down 1 percent from June 1, 2024.  Placements in feedlots during May totaled 1.89 million head, 8 percent below 2024.  Marketings of fed cattle during May totaled 1.76 million head, 10 percent below 2024.  Ot...

feed-grains soy-oilseeds wheat

Market Commentary: A Day and a Week of Surprises

There isn’t always a common theme across markets. Sometimes a session starts amid diverse influences. Sometimes, shorts or longs will dominate an open, then be tested by participants with different ideas. Each jockeying to have their way. Today’s trading opened bearishly for major g...

livestock

Livestock Roundup: Cattle on Feed

  USDA’s monthly cattle on feed report was released today.  Total cattle on feed amounted to 11.4 million head, 99 percent of last year.      Total placements were down 8 percent and below the average pre-report estimate.  Those lighter placements were partia...

livestock

Cattle on Feed - June 2025

U.S. Cattle on Feed totaled 11.4 million head on June 1, 2025. This was down 1 percent from June 1, 2024.  Placements in feedlots during May totaled 1.89 million head, 8 percent below 2024.  Marketings of fed cattle during May totaled 1.76 million head, 10 percent below 2024.  Ot...

feed-grains soy-oilseeds wheat

Market Commentary: A Day and a Week of Surprises

There isn’t always a common theme across markets. Sometimes a session starts amid diverse influences. Sometimes, shorts or longs will dominate an open, then be tested by participants with different ideas. Each jockeying to have their way. Today’s trading opened bearishly for major g...

livestock

Livestock Roundup: Cattle on Feed

  USDA’s monthly cattle on feed report was released today.  Total cattle on feed amounted to 11.4 million head, 99 percent of last year.      Total placements were down 8 percent and below the average pre-report estimate.  Those lighter placements were partia...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.2875/bushel, down $0.0475 from yesterday's close.  Jul 25 Wheat closed at $5.6775/bushel, down $0.065 from yesterday's close.  Jul 25 Soybeans closed at $10.68/bushel, down $0.0675 from yesterday's close.  Jul 25 Soymeal closed at $284.1/short ton, down $...

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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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