Some producers are just starting to look at the price calculations and are stunned by the revenue coverage for 2015 crops versus the previous several years.Today is the last day of the initial (and minimum) price calculation period for the crop revenue insurance program covering spring planted crops. We wrote an analysis of how the 2015 program prices might compare to the previous four years on 2 February. The 2015 column in the table below shows the year's calculations. Included are all but today's futures closes, which will not make much of a difference.The price changes between the first table we showed at the beginning of this month (2 February analysis) and today's have been small and are a reflection of just how little difference ther...
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...
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.