General Comments Markets started the month of November with lower trade in corn, soybeans and wheat futures markets. It was another day of a battle between much better demand than anticipated and expectations that next Friday's USDA reports will show increases in corn and soybean yield production estimates. Most of the anecdotal harvest yield reports seem better than expected, but those type of reports don't always translate into larger USDA crop production estimates. USDA did announce more export sales this morning with 115,000 MT of soybeans sold to China and 33,000 MT of soyoil sold to unknown. China also reported the strongest PMI in the last 18 months.The IGC increased the world corn and wheat production estimates, but Argentina r...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.