Corn The corn harvest is still moving at a slow pace as farmers are focused on soybeans. Farmers harvested 1.8 percent of the area last week (versus almost 10 percent of soybeans), a similar pace to that of the last few weeks. As soybean harvest is nearing the end, the speed of the corn harvest should increase in the coming weeks. Farmers are harvesting the early crop in the south and the first plots of late plated corn in northern areas. The number of corn trucks arriving at ports is averaging slightly below 2,000 per day. This, plus the stocks exporters have at the ports already, is allowing a good loading rate and the vessel lineup is slowly decreasing. During the first half of May, 1.7 MMT of corn was loaded with no big surpris...
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.