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: 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.