The potential for unforeseen internal and external influences to move prices in either direction, short-term and/or long-term, remains at least as large as ever.As the calendar has flipped its pages into late April, grain and soy markets have begun to struggle a bit. This is not surprising. Old crop and new crop corn futures have both been flirting with $5.00, and July corn is holding only a modest premium of 4 cents or less over December corn. Old crop soybean futures have been playing around the $15.00 mark, and the July/November soybean inverse has become historically wide at near $2.70. Those are pretty heady numbers, especially as we move toward the heart of the U.S. spring planting season. It cannot be surprising that daily doses of s...
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.