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feed-grains soy-oilseeds livestock

Oilseed Highlights

Lanworth Reduces its Forecast for U.S. Soybean and Corn Production Lanworth, the crop forecaster subsidiary of Thomson Reuters, yesterday reduced its forecast for U.S. soybean production this year by 2 percent to 3.14 billion bushels (85.47 MMT) based on an average yield of 40.8 bushels/acre. It similarly lowered its forecast for U.S. corn production by 4 percent to 13.406 billion bushels (340.5 MMT) with an average yield of 152.4 bushels/acre.Lanworth said the reductions were based on the hot and dry conditions across the Midwest. I find it interesting that Lanworth and others have reduced their forecasts for U.S. soybean yields to close to that of last year when 58 percent of the crop this year is rated as good or excellent versus on...

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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.

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