World Perspectives
livestock

WASDE Uneventful for Livestock and Poultry

In yesterday’s report, looking forward to today’s WASDE, we noted that all eyes should go to the meat and broiler export forecasts “as trade is the driver” for 2020. As it turned out, nothing changed on those forecasts. It would appear that the Japan-U.S. deal was already factored in, and it was indeed too early for USDA to fully include the China deal.  On the topic of China, a trade team from Beijing is expected in Washington on Monday for the signing of the pact next Wednesday. Also note, we’ve learned that a U.S. team may go to China as early as the first week of February, ostensibly for the kickoff of Phase Two talks … but right now, that is tentative, at best. There is still news to come abo...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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Kevin Warsh’s Confirmation Hearings and Policy Directions

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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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