Corn Argentina's corn harvest has reached 69.8 percent of the national harvestable area. Harvest progress remains constrained primarily in southeastern Buenos Aires, where persistently high humidity has slowed grain dry-down and prevented moisture levels from reaching harvest standards. As a result, the harvest continues to lag well behind the normal pace for this time of year. With the export vessel lineup still near 2 MMT, harvest delays continue to disrupt the export logistics chain. Exporters remain actively competing for nearby coverage, paying significant premiums to secure prompt deliveries. The strongest market continues to be Bahía Blanca, where vessels are waiting to complete cargoes while farmer deliveries remain slow. Nea...
What You Need to Know Today: CBOT markets pared Monday’s sharp losses as traders booked short profits and adjusted positions ahead of the Grain Stocks report that USDA will release Wednesday afternoon. The 7-day QPF forecast from NOAA now shows heavy rain across the central and western C...
Key Takeaways: Comparative advantage encourages countries to specialize in goods they can produce at a lower opportunity cost and rely on trade for others. Differences in climate, land, infrastructure, and technology help determine where agricultural commodities can be produced most efficientl...
Mediterranean/Middle East/North Africa/Africa – MEA Region Iran is reported to have completed its rail link from the border with Afghanistan to the Iranian port of Chabahar on the Gulf of Oman — the link is expected to be fully operational in early 2027. This will be Afghanistan&rsq...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.