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: 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...