When Will New Soybean Yield Plateau Be Achieved? As someone who has been involved in the soybean sector for more than 30 years I have long been interested in the relatively slow growth in U.S. soybean yields. Clearly there has been yield growth, but it has been irregular owing to weather and other factors. In a few cases average yields increased sharply from one year to the next with inordinate new yield highs being reached in 1984, 1992 and 1994. The average national yield in 1994 reached 41.4 bushels/acre. That yield was not surpassed until 2004 when the national average yield reached 42.2 bushels/acre. However, the 2004 average yield exceeded in five of the following eight years with the all-time high set in 2009 at 44 bushels/acre...
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: 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...