Wheat The trend for Argentina’s wheat fields is that good plots continue to improve while stressed crops continue to worsen. The country saw rain last week that fell over the south/center agricultural area with good moisture conditions. However, in the central and northern parts of the agricultural area, the rains haven't arrived, and the fields are deteriorating. If the situation continues as is, there will likely be more wheat flowing to the southern ports (Necochea and Bahia Blanca) compared to Upriver ports. Consequently, export programs should also shift towards the south. Despite the poor harvest in the 2022/23 season (less than 12 MMT), Argentina's milling industry is having its second-best year of the last decade. As of July...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.