While U.S. farmland values soared during the big bull market that lasted from 2006 through 2013, all good things must end. However, the overall declines have certainly not matched the drop in grain and oilseed prices or subsequent poor returns per acre.U.S. farmland values soared during the big bull market that lasted from 2006 through 2013. Record-high crop prices coupled with generally good yields took returns per acre to record-high levels as well. Low interest rates during this period made it easy to finance expensive land. There are, of course, many anecdotal stories about what happened to land values across the country. Red River farmland values (eastern North Dakota) quadrupled by most accounts during this bull run, and there were re...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.