USDA's initial projections for U.S. 2014/15 crop production in the May WASDE seemed quite optimistic at the time they were released in the midst of the earlier planting delays, but American farmers have demonstrated once again that they can plant spring row crops with incredible speed when weather cooperates.Although the official arrival of summer in the Northern Hemisphere is still more than three weeks away, here in the U.S. we tend to think that summer begins with the Memorial Day holiday period that is always the last full weekend in May. This is strictly a U.S. holiday, and we doubt that people elsewhere view the start of summer in quite the same way. On the southeastern coast of North Carolina where we are still hanging out for a few...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.