It has been nearly two weeks since USDA released the quarterly stocks report, final U.S. corn and soybean production estimates, planted winter wheat acreage and the January WASDE which incorporated and/or interpreted all of this fresh data. The results were considered to be generally bullish for the grain and soy markets, right down to the surprisingly low winter wheat plantings. Despite small production increases for soybeans and corn, the reports, when taken all together, clearly indicated that U.S. corn and soybean supplies were being drawn down at an untenable rate. Even U.S. wheat supplies were in decline. And given low winter wheat acreage and the drought plaguing much of the 2013 HRW crop, U.S. wheat supplies seem likely to decline...
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.