Corn According to the Buenos Aires Grain Exchange, harvest progress reached 2.7 percent of the planted area last week. Hot and dry weather is allowing for faster progress in the last two days and will be even higher going forward. There are only scattered showers forecast for the next several days and precipitation amounts will not be significant. The primary signal that harvest is progressing more quickly is the pace of truck arrivals at the ports. Last week started with 1,700 trucks/day and ended with over 4,000 trucks/day Thursday and Friday. That latter figure equates to 115 MT each day. Exporters who have space can receive more trucks and take advantage of harvest price pressure. The vessel lineup is also increasing, reaching 2...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.