Wheat: Net sales of 339,000 metric tons for 2018/2019 were down 22 percent from the previous week and 30 percent from the prior 4-week average. Corn: Net sales of 1,006,700 MT for 2018/2019 were reported for Mexico (354,600 MT, including 63,000 MT switched from unknown destinations and decreases of 22,200 MT), Japan (281,700 MT, including 35,400 MT switched from unknown destinations and decreases of 274,900 MT), South Korea (195,600 MT, including 186,000 MT switched from unknown destinations), Taiwan (166,900 MT, including decreases of 65,200 MT), and Colombia (108,700 MT, including 67,000 MT switched from unknown destinations). Reductions were reported for unknown destinations (267,100 MT) and th...
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: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...