There is now probably not much to be said about yesterday's USDA stock and acreage reports that is new. However, there are a few things gleaned from them that stand out and perhaps deserve a second look.Before yesterday's USDA stocks and acreage reports, the trade's consensus expectations seemed to be that except for old crop soybeans, the reports would be mildly bearish. The trade seemed to expect, or perhaps hope is a better word, that the 1 June soybean stocks would be small enough to reenergize old crop soybean bulls and recharge the August/November soybean spread. For our part, we expected that the combined reports would be mildly bearish, including for old crop soybeans. On balance, however, they were not just mildly bearish. When com...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.