The first thing catching our attention is that while the U.S. 2014 soybean plantings rose more than 8 million acres higher than last year and the new 2014 U.S. soybean production outlook prospect has jumped roughly 550 million bushels, U.S. corn production prospects for 2014 have not dropped below last year's results.For obvious reasons, much of the market's attention in the aftermath of USDA's stocks and acreage reports released this past Monday has focused on the shockingly large 2014 soybean seeding estimate of a record 84.8 million acres. USDA's June soybean acreage estimate is up 3.3 million acres from its initial estimate from only three months ago. It is up a startling 8.3 million acres from last year and swamps the old record soybea...
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...
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.