The world's combined ending stocks of wheat, corn and soybeans are projected to be almost 88 MMT greater than they were just two years prior. Said another way, the combined world available supplies of wheat, corn and soybeans in this two-year span are expected to grow much faster than demand.USDA's first projections covering world supply and demand for major crops during 2014/15 and out were well-covered in Mike Krueger's analysis in last Friday's WPI report. Supply/demand analyses are always moving targets, and this is especially true of those that are made even before the crop cycle in question has begun. The most certain prediction of all is that there will be significant changes to these initial projections as the crop year develops, al...
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.