Corn Argentina’s corn harvest continues to advance and confirms that yields will be below initial expectations and highly varied. Last week, farmers made 2.6 percent harvest progress, bringing the total harvest to 17 percent of the area. The recent frosts will probably affect late corn yields, but it is still too early to estimate possible yield reductions. The soybean harvest is gaining momentum and when farmers start harvesting soybeans, the machinery is at full capacity for this crop. Corn will be relegated to the sidelines for a while as it has no risk of yield loss while waiting in fields like soybeans do. This is a common practice every year in Argentina. The arrival of trucks continues to be good while the vessel...
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...
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.