The first six weeks of spring have been unusually cold and wet for most of the central U.S. Drenching rains together with the melting of an unusually deep snowpack have led to widespread flooding and saturated soils from the Delta north to the Dakotas and from the Plains east to the Atlantic Ocean. This has had a variety of impacts on crops and planting. The copious rainfall over the southern and central Plains has resulted in unusually high weekly condition ratings for the HRW crop. Overall, winter wheat was rated 64 percent good/excellent (G/E) by USDA as of 28 April. Ratings for HRW were relatively high with Oklahoma clocking an unusual 79 percent G/E. However, SRW in the mid-South and eastern Midwest is struggling with Missouri at 42 pe...
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...