Wheat quality has been an issue in Argentina for many years, spanning the entire supply chain. One problem is that many farmers don't know the quality of their stocks, so they consequently deliver very good wheat for cheap prices. To remedy the situation, the government will provide a certain service.Note: Due to technical difficulties, the section on soybeans was not received today. However, an update is expected for next week’s report. Wheat Wheat quality has been an issue in Argentina for many years, spanning the entire supply chain from farmers to the FOB market to local millers. The situation has intensified in the past four-five years as government interventions and export taxes created very low local prices, which obligated farmers...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.