The trading record shows how thoroughly the price action of November soybeans has been dominated by the July contract, which is to say, by the very tight old crop supply situation. This is why the November soybean price has held so stubbornly well above $12.00 despite several factors.We spent last week in Canada, more precisely in eastern Manitoba on a fishing trip to the Winnipeg River that flows generally northward from Lake of the Woods on the Ontario/Minnesota border to Lake Winnipeg. We had no access to cell phones, the Internet, newspapers, radio or TV, and it was delightful! Everyone needs a week without markets once in a while.What did we miss? Not much, as it turns out. Last week appears to have been more of the same with rapid pla...
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...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
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.