Corn Argentina’s corn harvest continues to progress at a solid pace and has reached almost 15 percent of the planted area. This is slightly below the average of recent years. At the same time, the average number of trucks arriving at ports remains high and sufficient to fill the current vessel lineup of 1.8 MMT. Argentina’s corn exports during March finished slightly below 3 MMT, with Vietnam as the main destination, followed by Peru, Algeria, and Korea. There are two important items to follow closely right now. The first is the diesel shortage, which is being driven by the Argentine government’s policy of freezing fuel prices. Both harvesters and truckers are having difficulties obtaining diesel, and this c...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...