It's USDA report time again, and the trade will be closely watching the corn and soybean production estimates for Brazil and Argentina in addition to U.S. production numbers.It's USDA report time again, and the monthly WASDE (supply/demand) estimates will be released this Wednesday at 12 p.m. (EST). There will no adjustments to U.S. production, and few, if any, changes to the actual demand numbers should be expected. Remember the January reports incorporated the final 2015 production estimates and the quarterly stocks numbers, and simply not much has changed since that time.The following tables show the average trade guesses for Wednesday’s reports compared with USDA’s February estimates. As can be seen, very few changes are expected, but t...
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...
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
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.