World Perspectives
feed-grains wheat

Weather Check!

The National Weather Service issues its updated long-term weather forecasts once each month. Obviously, the May and June updates are important because they provide at least a glimpse of what weather conditions might be during the gut slot of the North American growing season. The maps below, released 17 May, show the precipitation and temperature forecasts for the June/July/August time frame. It’s notable that there isn’t a change from last month’s outlook. For the most part, they indicate that weather models suggest normal temperatures/precipitation for the center of the country, essentially the Corn Belt, and above-normal precipitation for the eastern third of the U.S. Below are the drought monitor maps of 15 May 201...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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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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