As of last Sunday, 4 August, USDA's weekly crop condition report rated 64 percent of the U.S. corn crop as being good/excellent. This was up 1 percent from the week prior and is well above the average rating for corn during the first week of August by which time weekly ratings usually tend to decline as the crop matures. The increased good/excellent rating probably reflects the visual impact of widespread precipitation over much of the Midwest except for spots in west and central Iowa and cool, non-stressful temperatures over all it. Concern that late planting would put the corn crop's pollinating stage right in the midst of the hottest part of the summer has been allayed by below-normal temperatures during July and so far in August...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.