There is an old cliché to the effect that "rain makes grain." The truth of this cannot be disputed. Adequate and timely rainfall is essential to the development of any field crop. Temperature patterns are very important as well, but crops can be grown under a variety of temperature circumstances as long as there are adequate and timely rains. However, we argue that there is another factor necessary to crop production that is even more important than rainfall: land. It goes without saying that the amount of land planted to any field crop is key to final production totals. Rain does not determine the amount of land on which farmers may intend to plant crops. Weeks of excessive rainfall may force farmers to reduce the amount of land they eve...
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...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.