While the May WASDE provides a first look at USDA's analytical insights for the following crop year, it seems the remainder of each old crop year can no longer be taken for granted. Tomorrow's report will likely raise a number of issues and questions for markets.USDA's May WASDE will be released tomorrow, 9 May. As we have noted before, USDA analysts will present their first real look at the new 2014/15 crop year with projections on production, supply/demand balances and prices. These always assure a high level of interest in each May WASDE, although new crop projections made in early May seldom provide the market-moving intensity of WASDEs issued later in each crop year.Of course, the 2013/14 crop cycle is far from over for crops other tha...
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.
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...