The March WASDE always provides an interesting update on USDA's views about U.S. and world demand as well as its take on South American soybean and corn production. The soy complex estimates in today's report probably commanded the most attention.Mike Krueger indicated yesterday that as far as USDA's regular March reports are concerned, those at the end of that month on spring planting intentions and 1 March quarterly stocks tend to overshadow the earlier mid-March WASDE report. With the wheat crop year winding down and corn and soybeans into the second half of their crop years, the March WASDE is stuck with mostly old news. The quarterly stocks numbers provide a test of USDA's March WASDE demand estimates, and the planting intentions of co...
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.