General Comments Weather is what it is all about for the next several weeks and today's forecasts remained consistent with rain expected across much of the Corn Belt over the next several days. The main questions will be where and how much, which will certainly be the keys to the Sunday evening opening.It's interesting that the trade is expecting Monday's crop ratings to show declines while at the same time acting bearish because of the potential for rain. This was a hot and dry week everywhere and since last Monday's declining ratings surprised the market, you have to assume that they will decline again next Monday. We've written often over the years that these weekly crop ratings have taken on a life of their own with some analysts e...
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.