Barley acres have taken a significant brunt of the corn and oilseed acreage expansion in the U.S. and Canada, and there are a number of reasons why.The U.S. northern Plains have become solidly part of the Corn Belt. Corn and soybean acres continue to squeeze out those of the traditional crops of spring wheat, barley, sunflowers, etc. A similar situation has transpired across western Canada, although not as extensively. That is a climate issue. Canola and soybean acres continue to rise, but corn expansion has been at a slower pace.Barley acres have taken a significant brunt of the higher corn and oilseed acreage. The acreage in the U.S. will be the smallest since USDA started keeping records in 1926 and probably lower than the March planting...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
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.