Record Canadian Canola Crop Statistics Canada sharply increased its forecast on Friday for that country's 2013 canola crop. It raised its forecast from 14.745 MMT to 15.963 MMT. The big increase was based on the high yields that Canada's farmers are harvesting. If realized, it would be by far the largest canola crop Canada has ever produced. However, the StatsCan forecast was still below the average forecast of analysts of 16.6 MMT. That suggests the agency may raise its forecast even more next month.StatsCan forecasted Canada's soybean production this year at 4.817 MMT. That was below the average analyst estimate of 4.8 MMT and last year's crop of 4.93 MMT. It also estimated the country's corn crop at 12.943 MMT. Last year's corn prod...
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 €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.