Canada's canola crop forecast is lower than expected as a result of reduced canola plantings and too much rainfall in parts of Manitoba and Saskatchewan as well as recent high temperatures in areas of Alberta. Canadian Canola Crop Lower Than Expected Statistics Canada yesterday released its August forecasts for crop production in Canada. It estimates the 2014 canola crop at only 13.9 MMT, well below the average trade estimate of 14.5 MMT. It also is 23 percent below last year's production of 17.96 MMT. The smaller crop is a result of reduced canola plantings and too much rainfall in parts of Manitoba and Saskatchewan as well as recent high temperatures in areas of Alberta. While the forecast for the 2014 Canadian canola crop is well below...
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.