WASDE Corn – USDA’s latest November estimate for the 2024/25 season is a decrease in U.S. corn ending stocks to 1.938 billion bushels. The season-average corn price received by producers is unchanged at $4.10 per bushel. Global coarse grain production for 2024/25 is forecast to be slightly lower at 1.5 billion tons and world corn ending stocks are down 2.4 million to 304.1 million metric tons. ...
What You Need to Know Today: The U.S. Treasury Department authorized the production, delivery, and sale of Iranian oil for 60 days after “productive talks” with Iran in Switzerland over the weekend. Chevron and Microsoft entered into a 20-year agreement to develop Project Kilby, a...
When the USMCA was renegotiated in 2020, it added a sunset review process under which all three countries — the U.S., Mexico and Canada — are to meet on 1 July to indicate whether they want to renew the pact for another 16 years. That deadline is coming up in nine days, and Trump ha...
Wheat Argentina's wheat planting campaign advanced 13.4 percentage points week over week. Despite limited rainfall, low temperatures, and elevated atmospheric humidity, soil recovery remains slow across the southern agricultural belt, where field access for machinery continues to be constrained...
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.