Today’s WASDE report shows overall animal protein production revised upward for the year, and Japan imposes safeguard tariffs on frozen beef for the first time since 1996. WASDE USDA released its August WASDE report today, forecasting red meat and poultry production to be higher than previously estimated. The projected increase in beef and broiler production more than offsets a reduction in turkey and pork production.The beef production forecast change is based on both higher cattle slaughter and increasingly heavier carcass weights. The volume of cattle placed on feed guarantees a higher weekly slaughter pace for the next few months, and that is in addition to cattle slaughter being up 5.9 percent on the year to date.However, beef produc...
There are plenty of major headlines moving across the markets today, but the reaction beneath them remains cautious. Crude oil is holding steady despite reports of progress involving the Strait of Hormuz, corn and soybeans remain tied to changing weather forecasts, and wheat continues to weigh...
Key Takeaways: Sugarcane is the world’s largest crop by total production volume, surpassing major commodities such as corn, wheat, and soybeans, and supplies roughly 80 percent of global sugar production. Sugarcane’s perennial growth cycle allows farmers to harvest multiple crops f...
Russian Grain Markets: 27–31 July 2026 Russian grain prices declined sharply during the week under review as new-crop supplies entered the market and demand weakened. Corn and barley prices declined, while both milling and feed wheat and rye experienced larger losses. The harvest campaign...
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.