World Perspectives

USDA Issues New Livestock and Poultry Contracting Rule

USDA’s Agricultural Marketing Service (AMS) released the second of a series of three new Packers and Stockyards Administration marketing rules. Officially, it is the Inclusive Competition and Market Integrity Under the Packers and Stockyards Act but is informally referred to as the “scope” rule – setting out the scope of jurisdiction of the Packers and Stockyards Act, specifically with regard to “prohibiting undue prejudice, unjust discrimination, and deception to provide for clearer, more effective standards ….” This series of three rules is highly similar to those put forth by the Obama Administration in 2010 and 2016, per the 2008 farm bill which called for new regulations. After the 2010 rule,...

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feed-grains soy-oilseeds wheat

Market Commentary: Bulls Win Post-WASDE Standoff

Monday’s CBOT trade quickly erased any hints of weakness that emerged during Friday’s post-WASDE selloff. The WASDE itself was – in WPI’s view – either bearish or neutral the major commodities, but futures didn’t see it that way on Monday. The soybean and soy...

livestock

Qualified WASDE Livestock Numbers

USDA released the November World Agricultural Supply and Demand Estimates (WASDE) report on Friday, the first report since September due to the government shutdown. In it, USDA lowered its 2025 red meat production forecast and increased its broiler production outlook. However, the WASDE include...

Show us the Beef; Cost of Living (crisis); State Excesses

Show us the Beef The last American president with a knowledge of agriculture was Jimmy Carter back in the 1970’s. The largest problem policymakers have is squaring the competing concerns of consumers and producers. The latest example is beef. President Trump is increasing beef imports to...

feed-grains soy-oilseeds wheat

Market Commentary: Bulls Win Post-WASDE Standoff

Monday’s CBOT trade quickly erased any hints of weakness that emerged during Friday’s post-WASDE selloff. The WASDE itself was – in WPI’s view – either bearish or neutral the major commodities, but futures didn’t see it that way on Monday. The soybean and soy...

livestock

Qualified WASDE Livestock Numbers

USDA released the November World Agricultural Supply and Demand Estimates (WASDE) report on Friday, the first report since September due to the government shutdown. In it, USDA lowered its 2025 red meat production forecast and increased its broiler production outlook. However, the WASDE include...

Show us the Beef; Cost of Living (crisis); State Excesses

Show us the Beef The last American president with a knowledge of agriculture was Jimmy Carter back in the 1970’s. The largest problem policymakers have is squaring the competing concerns of consumers and producers. The latest example is beef. President Trump is increasing beef imports to...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3475/bushel, up $0.045 from yesterday's close.  Dec 25 Wheat closed at $5.4425/bushel, up $0.17 from yesterday's close.  Jan 26 Soybeans closed at $11.5725/bushel, up $0.3275 from yesterday's close.  Dec 25 Soymeal closed at $330.8/short ton, up $8.3 from...

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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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