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...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
Regional News European grocery stores have been targeted by cybersecurity attacks this week, with major retailers in France and the Netherlands affected. In France, major grocers, including Carrefour, Intermarché, and Coopérative U, all suffered attacks in which freezer and...
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.