After yesterday's strong market, trade in soybeans and corn was rather noncommittal during the overnight session. Outside factors did not help grain and soy markets hang on to yesterday's gains either. General Comments USDA's 2015 Agricultural Outlook Forum gets underway Thursday, 19 February. The focus is on "Smart Agriculture in the 21st Century" with discussions on innovation, biotechnology and big data. As usual, the first morning's presentations include one on the outlook for U.S. agriculture and foreign trade for 2015, which will be given this year by USDA's Acting Chief Economist Robert Johansson. This will very likely include USDA's updated projections for 2015 planted acreage and yields. Supply/demand projections are usually made...
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.
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...