The one thing that seems to be clear is that farmers simply aren’t selling very much of this year’s production off the combine. This reluctance to sell also renews the conversation about why they still don’t utilize futures and options markets.The U.S. corn and soybean harvests are now going full blast. Yields are generally very good, and no one seems to believe USDA will make any substantive changes in its 9 October production estimates. Basis levels for both crops are steady to firm, and futures markets are firm even as the harvests push toward the 40 percent completion mark. The one thing that seems to be clear is that farmers simply aren’t selling very much of this year’s production off the combine. They are instead putting as much away...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.