Wheat The Argentine wheat harvest has reached 48.1 percent of the expected area, with weekly progress of 9.4 percentage points, with efforts primarily focused in the central agricultural region. Standing crops are transitioning from late grain filling to physiological maturity, with 80.7 percent of fields rated in normal/excellent condition. Yields obtained this week in both core regions ranged from 300–400 kg/ha above initial expectations. Initial evaluations in the southern agricultural region also show results exceeding estimates by 300–600 kg/ha. If these values are confirmed as harvesting progresses, the production forecast could increase, potentially surpassing the current market estimate of 18 MMT. The Buenos Aires Grain Exchang...
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.
What You Need to Know Today: The U.S. and Iran agreed to a peace deal on Monday with the deal expected to be signed Friday in Switzerland. The memorandum signed is explicit that Iran will allow 60 days of toll-free transit for all traffic through the Strait of Hormuz, and President Trump annou...
Developer's Note: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where obs...
Wheat Rainfall across most of Argentina's agricultural regions during the past week slowed the pace of 2026/27 wheat planting. Even so, planting progress has reached 44.2 percent of the projected 6.5 million hectares, following a weekly advance of 11.8 percentage points. Fieldwork was concentra...