Projected tight wheat stocks in Canada and more ample supplies in the U.S. are likely to impact planting decisions with implications for the wheat outlook of both countries. At the risk of sounding bullish in a market that still has an overwhelmingly bearish mindset, the outlook situation for North American spring wheat, U.S. Dark Northern Spring (DNS) and Canada Western Red Spring (CWRS), is tightening quickly. It is difficult to find much wheat analysis other than general comments that “the world is awash in wheat.” Unlike corn and soybeans, wheat is widely produced around the world, and the U.S. alone recognizes six different classes of the grain. This means the generalized statement that wheat supplies are record-large is not always a t...
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...
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
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.