Wheat There was a lot of anticipation regarding the rains that were forecast for this past weekend, and most of the Buenos Aires province received a good amount of precipitation. Although it’s still not the 100-120 mm need to recover the soil profiles, it will help farmers start planting as they now have more trust in rain for the near future. More rain is forecast for the coming days, but it seems that the “nucleus” region will not be that lucky and it is still the most drought-affected area. To make the decision on whether to invest $500-700/ha in planting wheat, favorable conditions are required. There is still time, and although many estimate that the planted area will increase, such possibilities are dwindlin...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is reported to have finalized the purchase of 270,000 MT of wheat, including 220,000 MT of U.S. wheat. The U.S. wheat is priced at $322/MT, with an additional 50,000 MT of wheat at $297.90/MT through an international te...
Developer's Note: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where obs...
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.