Futures trading on this last day of the year saw Chicago wheat fall 10-12 cents. Corn futures dropped more than 9 cents – a major move for the corn market. Soybean futures sank about 18-20 cents. The principal reason for the across-the-board weakness was long liquidation.On this last day of 2014, we wish everyone all the best for the New Year. We hope that 2015 proves to be happy, peaceful, prosperous and safe. Happy New Year! General Comments 2014 will be remembered as the time when the world produced record-large crops of corn, wheat and soybeans all in the same year. That is a remarkable achievement. If there is a precedent for this, we are not aware of it. The 2014/15 crop cycle also appears to be one in which the linear trend of worl...
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.