Why are markets ignoring all of the numbers that on paper add up to an incredibly tight supply situation?USDA's weekly crop condition report rated 76 percent of the corn crop, 73 percent of the soybean crop and 72 percent of the spring wheat crop as good/excellent. There are a few spots (the central Plains and northern Corn Belt) where drying weather is needed. It has been quite a while, though, since U.S. crop conditions overall have been as favorable in mid-June as they seem to be this year. One might have to go back 15 years to find a better start for the U.S. corn and soy crops. In similar fashion, we cannot find anywhere in the Northern Hemisphere where there appears to be a major crop production problem. To be sure, weather and crop c...
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.