After nearly a decade of generally excellent crops coupled with high prices that brought the best economic times in history to U.S. agriculture, the immediate problem now facing many farmers is cash flow or the lack thereof.The planting season is quickly winding down. Now with the markets still looking soft, the media has started to discuss the worsening financial plight of farmers. We haven't seen such troubling farm stories for nearly a decade as generally excellent crops coupled with high prices brought the best economic times in history to U.S. agriculture. Those good years were accompanied by a great federal crop revenue protection insurance program that gave farmers a one-year advance cushion against losses. This occurred because the...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.