USDA will release its June supply and demand estimates (WASDE) this Wednesday at 11 a.m. CDT. Those who might be looking for big changes in acreage or yield estimates form the May numbers likely will be disappointed. USDA will be reluctant to make any wholesale changes this early in the season in spite of the extremely wet spring season and subsequent late planting. In addition, it has another series of very important reports that will be released on Friday, 28 June. These reports include the quarterly stocks numbers plus the updated planted acreage estimate that will be based on farmer surveys. It is also too early to have any kind of reliable information of the extent of insurance claims filed because of the wet weather and late plantin...
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.