Corn Estimates of Argentina’s corn harvest continue to decrease, mainly due to the impact of Spiroplasma bacteria. The Rosario Grain Exchange lowered its estimate from 57 to 50.5 MMT, while the Buenos Aires Grain Exchange revised their’s from 52 to 49.5 MMT, marking the second consecutive week of decreases. So far, the loss of 7 MMT consists of yield reductions of over 70 percent in some areas, with around 250,000 ha completely lost and another 150,000 ha converted to fodder for animal feed (silage). The new estimates from various entities closely align with market expectations and are far from the 55 MMT the USDA estimates. Further reductions in the future are possible, not only due to the disease but also due to recent exces...
What You Need to Know Today: The surprises from the USDA’s Acreage report were a sharp reduction in winter wheat area from the March Prospective Plantings estimates and a larger-than-expected increase in corn area. The Grain Stocks report offered relatively few surprises, but quarterly d...
On Monday, the Trump Administration suspended the countervailing duties (CVDs) on phosphate fertilizer imports from Morocco via Executive Order. The CVDs were imposed in 2021 by the Biden Administration and were subject to a routine five-year sunset review. According to the Agricultural and Foo...
Key Takeaways: High oleic soybeans produce oil containing 70–80 percent oleic acid, improving stability and eliminating the need for partial hydrogenation, which eliminates trans fats. There are three primary varieties of high oleic soybeans available commercially: Plenish, Vistive Gold,...
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.