Relatively Few Significant Changes to Soy Sector in WASDE USDA made very few changes to its supply and distribution tables for the soy sector in the April WASDE, but among the few significant revisions to its estimates were the following: - Brazil’s 2018 soybean crop was raised from 120.07 MMT to 122 MMT, which helps explain how it was able to boost its exports by 15.39 MMT from MY 2017/18 to 84.199 MMT in MY 2018/19. - Brazil’s 2019 soybean crop was increased from 116.5 MMT to 117 MMT, just slightly higher than most estimates emanating from there. Late season weather was good, and the crop was better than earlier expected. - U.S. soybean ending stocks on 31 August 2019 were reduced by 5 million bushels to 895 million bushel...
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...
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.