Wheat Amid controversy and conflicting opinions, the Argentine government authorized the planting and commercialization of transgenic (genetically modified, or GM) wheat - Bioceres’s HB4 variety. Most of the concerns against the authorization are not about consumption of GM products, but to the risk of contamination of wheat to be shipped to destinations that have not approved the variety. These are logical fears, but to avoid this Bioceres will continue planting under an identity-preserved scheme, in which all the grain returns to their hands and only they can market it. This has worked in previous campaigns. The new season is starting a few days earlier than planned, mainly due to a lack of soil moisture. The core agricultur...
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...
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.