Corn Dry weather is helping reduce moisture in the corn crop and the harvest pace is slowly increasing. Last week, the Buenos Aires Grain Exchange reported weekly progress of 4.2 percent (up from 3 percent in recent weeks), bringing the total harvest to 42.5 percent completed. Farmers are already harvesting the late-planted crop, starting in the north and center of the country. Yields are still good, and the crop will still make 48 MMT. There are growing concerns in the corn market as it seems there is an unwritten agreement between the government and exporters to control local prices. It seems that the export sales registry has been effectively closed since the beginning of June as registrations were zero. Exporters bought 28.9 MM...
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.
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...