Wheat Argentina The disparity in wheat cultivation in Argentina is something rarely seen. Looking at the South and Southeast areas of Buenos Aires province, the wheat crops are large, beautiful and with a potential yield that is within historical or even above historical levels. Outside of that area, however, wheat ranges from regular to poor and very poor. Abandoned fields can already be seen as farmers have decided to chop it and make bales for animal consumption while others have released animals into the fields. There is a lot of variability and the mills in the central-north and north of the country are extremely concerned. With virtually no stocks left from the 2022/23 campaign and seeing that they will have little wheat in t...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.