One factor that has not received a great deal of attention is how much Southern states have contributed to the increase in U.S. soybean production in recent years as a result of larger plantings and much higher yields.It came as no surprise yesterday that the USDA supply and demand report raised the forecast for U.S. soybean production in 2014 by 31 million bushels (844,000 MT) to 3.958 billion bushels (107.74 MMT). Farmers across the Midwest have been reporting excellent yields, and market analysts were predicting an increase. My suspicion is that the crop size will be raised again when the final estimate is released in January.One factor that has not received a great deal of attention is how much Southern states have contributed to the in...
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.