On a day when the world was watching Washington, DC, unusual activity in the wheat spreads was noted, and Argentina’s soybean production forecast was revised. General Comments There’s a new sheriff in town, and the world watched today as the most powerful man in the world willingly transferred that authority to his successor. Nowhere else does such an event occur so peacefully or with such implication for global affairs. As President Reagan said, the moment is both “common place and miraculous.” Regardless of their political leanings, all Americans should be proud of our democratic process and the fact that all have equal say in who will lead our nation.Now the world’s attention will center on how the new president actually performs, and...
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.
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...