World Perspectives
farm-inputs

USA Land Use Changes

The acres used for crops in the U.S. peaked in 1981 when farm income was low and farmers tried to make up for it by expanding production. The acres used for crops in 2022 was 14.7 percent fewer and the share of cropland successfully harvested had risen slightly to 85 percent.  While the number of acres planted and then considered failed in production peaked during the Dust Bowl days of the 1930’s, failed acres in 2002 were the highest since 2002. Notably, the number of acres double cropped has not increased with the higher crop values in recent years. The marginal returns may not offset the cost of inputs and soil sustainability.  For similar reasons like the loss of nitrogen and soil moisture, the amount of summer...

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feed-grains soy-oilseeds wheat

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Dec 25 Corn closed at $4.1075/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $4.9675/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.0775/bushel, up $0.01 from yesterday's close.  Dec 25 Soymeal closed at $274.1/short ton, down $0...

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Market Commentary: New Lows for Wheat, New Highs for Cattle; Soybeans Eye Trade Talks

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Various Campaigns Diagnosed; EU Dependency

Various Campaigns Diagnosed  Climate Change: Since the Paris Accord in 2015, environmentalists have poured hundreds of millions of dollars publicizing the dangers of climate change. They’ve had the buy-in from elites and a cooperative media ecosystem giving attention to the “cr...

feed-grains soy-oilseeds wheat

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Dec 25 Corn closed at $4.1075/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $4.9675/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.0775/bushel, up $0.01 from yesterday's close.  Dec 25 Soymeal closed at $274.1/short ton, down $0...

feed-grains soy-oilseeds wheat

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Various Campaigns Diagnosed; EU Dependency

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livestock

Cattle Market Relief on the Way, But to What End? And, Higher Tariffs on China

USDA is expected to announce details in the next few weeks on its plan to encourage cattle herd expansion after Agriculture Secretary Brooke Rollins recently pledged to “expand access to working lands” and “develop risk mitigation tools.” These options will be relied on...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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