Markets were weak overnight with wheat leading the way down after yesterday's technically poor closes. Corn again had a very docile trading day, considering the sharp losses in wheat and weakness in soybeans. General Comments Markets were weak overnight with wheat leading the way down after yesterday's technically poor closes. That weakness followed through into today's session. Crude oil was $2.00-2.50 higher, and U.S. financial markets were steady following yesterday's huge gains. It is also Friday and the next two weeks will be abbreviated by the Christmas and New Year holidays. USDA did announce two corn export sales this morning to Mexico (101,000 MT) and Japan (131,000 MT). Trading volume was on the light side.Informa released its m...
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.