Winter Crops In a few months, farmers will start planting the winter crops. That means they are deciding whether to plant wheat or barley as a second crop before soybeans and the decision is not easy under current circumstances. Argentine farmers are not only evaluating prices between barley and wheat, but also political risks in Argentina and abroad. The biggest area where farmers often switch between wheat and barley is in the south of the core agricultural area. In the center and north of the agricultural region, most farmers always plant wheat, due to soil, weather conditions, and market prices. This is the reason why Argentina’s wheat crop is 4-5 times larger than the barely crop in most years. World demand and tra...
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: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...