WPI's acreage estimate is based on the belief that the very wet conditions across the Delta will result in acres shifting back to soybeans from corn. The key to all early projections of the 2016-17 ending stocks is, of course, the yield estimate.Following up on WPI’s previews of the outlook for 2016-17 U.S. corn and wheat (see Ag Perspectives, 4 April and 5 April 2016), today is an initial peak at the year’s potential U.S. soybean situation.The table below presents the previous two years of USDA estimates and WPI’s guesses for 2016-17. Our acreage estimate is 1 million acres larger than USDA’s 31 March intentions. It is based on the belief that the very wet conditions across the Delta will result in acres shifting back to soybeans fro...
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.