As we have commented before, USDA's August WASDE is always notable because it contains the first crop yield and production estimates for U.S. corn and soybean crops that are based upon actual survey and sampling procedures conducted by USDA's National Agricultural Statistics Service (NASS). This gives credibility to the August estimates that USDA's prior desktop projections cannot match. Thus, agricultural interests in the U.S. and globally eagerly await each August WASDE and its first real corn and soybean production estimates for the upcoming crop cycle. Those real production estimates also add credibility to USDA's August supply/demand analyses.Much of this year's corn and soybean crops in the Midwest have fallen well behind average ma...
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.