Wheat Argentina’s wheat harvest now covers 10 percent of the total area with an average yield of 1.1 MT/ha. It's important to remember that the harvest begins in the northern part of the country where yields are typically low, and this year, they were further impacted by adverse weather conditions (drought and heatwaves). The national average yield is usually 2.9-3 MMT, although this won't be achieved this year. Last week, the country received heavy rains that covered almost the entire agricultural zone, which is good news for many wheat fields in the grain-filling stage. At the same time, fields in Cordoba and Santa Fe that were almost ready to harvest will now see fieldwork delayed a few days.
The effects of the mid-October fro...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
