The global abundance of agricultural crops during the past four years is unprecedented and ultimately unsustainable. Change is inevitable, and it now clearly seems to be coming with the 2017/18 crop cycle.The safest truism in the world of agricultural commodities is that nothing ever stays the same. It may have seemed that this was challenged by the last four years (2013/14-2916/17) as generally favorable global weather and other factors, including the strong U.S. dollar, pushed world production of grains and soybeans to record levels. While world demand for those commodities also expanded enough to set new records during the same period, it was not enough to prevent world stocks of grain and soybeans from growing to levels never seen befor...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.