Milling Wheat The Black Sea market is firmer following the rally of U.S. and EU wheat. Despite the price increase, Russian and Ukrainian wheat remains the cheapest origin by far. The Russian government is expected to start buying wheat for the reserve stocks in the next few weeks. The current weather in southern Russia and Ukraine is disrupting the winter wheat plantings. Excessive rains are keeping farmers off the fields, and the plantings are significantly behind the normal schedule with only 50 percent of the intended area being planted so far. The optimal period for winter wheat planting expires in 10-20 days. Based on the current weather forecast, it seems unlikely that the accumulated planting delays will be recovered in the next...
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.