All WASDEs are important, but some are considered more so than others. Each January issue will contain USDA/NASS’s final production estimates for fall harvested crops such as U.S. corn and soybeans as well as projections for Brazilian and Argentine soybean and corn production.Usually between the 9th and 12th of every month, USDA publishes a new WASDE report, which is a compilation of supply and demand estimates for major field crops and livestock for the U.S. and the world as a whole. Included are estimates of each crop year’s beginning stocks, crop production, domestic use by type, imports, exports and ending stocks. It is assembled by USDA’s World Agricultural Outlook Board (WOAB). Estimates are prepared by the Interagency Commodity Estim...
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.