General Comments Weekend rain across a good portion of the dry western Corn Belt forced the soy complex lower Sunday evening, and those losses became significant when the regular trading session opened this morning. Apparently, someone believes that mid-September rains will boost soybean yields. Corn and wheat resisted the plunge and managed to finish the day with just small losses.U.S. financial markets had another day of big gains following weekend news that President Obama's preferred candidate to head the Federal Reserve took himself out of contention. The markets viewed that as bullish. Crude oil was lower on military action in the Middle East no longer appearing imminent, and the dollar index was also lower.USDA's FSA will releas...
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.