It's important to remember that the numbers released yesterday are really just snippets from the baseline projections that will be released in full in February and are not based on any farmer surveys.USDA released a few selected tables yesterday from its baseline projections. The complete report won't be available until 11 February. The numbers were sort of lost in the turmoil of yesterday's 400+ point gain in the Dow, the very volatile wheat markets and of course all of the uncertainty in energy markets and Russia. There really wasn't anything unusual in yesterday's numbers for MY 2015/16.USDA pegs 2015 U.S. planted corn acres at 88 million, down from 90.9 million in 2014. It is using a yield of about 168 bushels/acre. That is a decline fr...
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: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...