Burdensome Stocks Unlikely, Even With Large U.S. Crop It is now apparent that South America will harvest its largest soybean crop in history at about 145 MMT, which would be an increase of about 30 MMT, or 35 percent, over production from a year ago. The large crop has some farmers concerned the global soybean process will fall precipitously this year should the U.S. also produce a large crop.There is no question the U.S. may very well produce a record soybean crop in 2013. It looks increasingly likely that U.S. farmers will plant close to 80 million acres of soybeans this year as a result of the strengthening of prices in the last month and concerns about planting corn after corn on the same land. That could result in harvested are this...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.