GOOD MORNING, Prices this morning begin slightly lower for everything but soyoil on profit-taking and better than expected ratings for corn and beans. Oilshare is firmer after seeing a round of profit-taking last week. Traders are buying soyoil/sell meal this morning. Pro-Farmer feedback is that corn yields are not as large as current USDA estimates. Analysts are striving to figure out the impact of the derecho on corn and beans in Iowa. Corn ratings in Iowa fell 10% in the G/E category, while Illinois was 3% lower. Results include South Dakota corn yields at 179.2 bpa vs. 154.0 bpa year ago, and the average of 160.0 bps. Bean pod counts in SD are at 1,250.9 pods /sq ft, vs. 832.9 year ago. &...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.