Wheat: Net sales of 427,200 metric tons for delivery in marketing year 2017/2018 were up noticeably from the previous week and from the prior 4-week average. Corn: Net sales of 1,445,900 MT for 2017/2018 were down 22 percent from the previous week, but up 59 percent from the prior 4-week average. Soybeans: Net sales of 616,300 MT for 2017/2018 were down 50 percent from the previous week and 24 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 223,100 MT for 2017/2018 were down 21 percent from the previous week, but unchanged from the prior 4-week average. Soybean Oil: Next sales of 11,800 MT were down 58 from the previous week an...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.