The market for corn is far more complex on the import side than it is for soybeans with many significant players. The export side, however, is basically limited to the U.S., Brazil, Argentina and, increasingly, Ukraine.The market for corn is far more complex on the import side than it is for soybeans (see Ag Perspectives, 22 September) with many significant players. The export side, however, is basically limited to the U.S., Brazil, Argentina and, increasingly, Ukraine.The chart below shows the overall world corn production/consumption numbers. The trend is similar to that for soybeans, just not quite as steep. Remember that corn, like wheat, is a relatively “old” crop compared with soybeans. The only two bad production years in recent hist...
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.
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...