General Comments Grain and soy futures were firmer overnight, and volume was noticeably improved as traders anticipated that USDA's weekly export sales report would show another week of good sales volume. They were not disappointed. Net export sales for everything except soymeal came in above the average trade guesses. The market was starving for something to support prices, and the export sales report provided it at least for today.The report was especially supportive of the soy complex. Net soybean sales of 1.3764 MMT were well above expectations as were sales of 95,800 MT of soyoil. A sale of 40,000 MT to India was reported previously under the daily system, but there was an additional sale of 34,800 MT to unknown as well as sales t...
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.