There has been a lot of attention focused on the possibility of Brazilian sugar ethanol entering the United States this year, but a quick read of USDA's October Sugar and Sweeteners report shows that we could have some homegrown sugar ethanol in the coming year.USDA increased its estimate of beet sugar production for FY 2012 by 75,000 ST and raw value (STRV) to 4.825 million STRV. With the early start to the sugar beet harvest in the Red River Valley and Michigan, sugar production in August amounted to a record high of 178,619 STRV. The amount of sugar produced from beets sliced in August 2012 exceeded the amount produced in August 2010 (the previous high) by 18 percent. That amount, plus a conservative September 2012 estimate of sugar fr...
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.