After yesterday's major market washout, some sort of recovery bounce was to be expected today, and that is exactly what the market provided. General Comments The chatter about USDA's surprisingly high corn and soybean yield and production estimates continues. Much of it revolves around expressions of doubt and disbelief coming from those who had convinced themselves that USDA would instead lower yields and production levels below the July projections. The doubters (closet bulls?) argue that USDA has over-estimated both corn and soybean yields and that lower estimates will show in future WASDEs. We also hear doubt being expressed over USDA's increased estimates of Russian and Ukrainian wheat production that led to a record-large world whea...
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.