The changes USDA and WOAB analysts made to their 2013/14 U.S. and world supply/demand estimates tracked closely with private expectations in terms of direction. It was the extent of a few of the changes that provided the surprises. General Comments Our general comments will be expanded to allow discussion of USDA's April WASDE that was released at noon EDT today.First of all, let's say that today's WASDE certainly holds its own in terms of market interest and significance. We must also say that the changes USDA and WOAB analysts made to their 2013/14 U.S. and world supply/demand estimates tracked closely with private expectations in terms of direction. It was the extent of a few of the changes that provided the surprises. Following is a b...
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.