Corn Argentina’s corn harvest advanced only 1.3 percent this week, reaching 96 percent complete nationwide. The final stretch is always slower, and this year the harvest could extend into September as recent rains further delay fieldwork in Buenos Aires province. Farmer selling has been volatile, picking up when exporters pay premiums for spot corn and ebbing when spot demand fades. Most producers have finished harvest, delivering what was needed during collection, while the balance sits stored in silo bags. Sales now depend on attractive conditions and the ability to move grain off farms, given weather and road constraints. Excess rains have occasionally favored farmers, forcing exporters to pay up for super spot corn to meet s...
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.