The most important number in the quarterly stocks numbers will be the 1 March corn stocks, and the contest this year with planting intentions will be how many acres leave corn and move over to soybeans.USDA will release its long-awaited quarterly stocks estimates and planting intentions reports at 12 PM (EDT) Monday. These reports have been a central topic of discussion for weeks, maybe even months. Bob Kohlmeyer wrote an eloquent story yesterday about the recent history of the corn quarterly stocks reports that have contained large swings in stocks from quarter to quarter and produced subsequent large price swings following their release. Corn has had limit moves higher or lower following the release of four of the past seven quarterly sto...
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.