USDA will release its September crop production estimates and WASDE this Thursday at 12:00pm EDT/11:00am CDT. The August drought across most of the western Corn Belt has led to a vast array of pre-report production estimates by private analytical groups. Of course, those groups who have had a bearish bias throughout the spring and summer growing season have maintained that viewpoint in their production estimates just as those who have been bullish (we are hard pressed to find any) stayed consistent with theirs. The tables below provide you a comparison of production and ending supply estimates: Corn By all accounts, it will be almost impossible to see a bullish USDA production or ending supply estimate for corn in this report. It is dou...
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.