A survey of Ag Perspectives readers suggests likely corn yield reductions and more upside potential for soybean yields in the September WASDE report.Record-high corn and soybean yields of 175.1 bushels/acre and 48.9 bushels/acre, respectively, were predicted by USDA in the August WASDE report. Since then, crop tours and private yield forecasters have issued more modest estimates, citing concerns of tip-back in ears in the case of corn. Still, the weather has been excellent for most of the growing areas for both crops, giving rise to some of the highest-rated crop conditions in history. Now the trading world waits to see how USDA will judge the influence of these factors in the September WASDE, and WPI asked our Ag Perspectives readers about...
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.