Wheat The long-awaited rains have finally arrived in southeastern Buenos Aires, with precipitation totals ranging from 20–50 mm. While the rainfall isn’t sufficient to complete the wheat crop, it provides relief to an area where plants were beginning to suffer. For now, it halts the decline in expected yields, but more water will be needed within days, particularly in the west and southwest.Despite October’s rains, the Buenos Aires Grain Exchange reports that 31 percent of the wheat remains in regular to drought moisture conditions. Additionally, there has been a slight deterioration in crop condition from the previous week, with only 33 percent of wheat now in good-to-excellent condition. October’s rains have supported fields where wh...
What You Need to Know Today: Corn broke sharply lower after overnight headlines that U.S., Ukrainian, and Russian officials would meet for peace talks on 10 and 11 November. Mexico made its second large purchase of U.S. corn in as many days, bringing total purchases this week to just over 2 MM...
Key Takeaways: The EU's new deforestation regulations, taking effect 30 December 2026, could alter global soymeal trade through stricter traceability requirements and higher compliance costs. Brazil's complex supply chains are likely to complicate compliance with the new regulations, potential...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s Karachi port has received a shipment of 51,000 MT of wheat in the past week, with another shipment of 59,000 MT scheduled to arrive this week. Although the wheat's origin was not specified, vessel tracking indicat...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.