Corn Argentina’s corn harvest advanced 3.7 percent last week, a slow pace that is keeping overall progress well below prior years. The speed has not picked up because corn in fields still has moisture of 18-20 percent, well above the commercial standard of 14.5 percent. Harvesting with high moisture is possible, but ports will apply large discounts for above-standard moisture. Every farmer has their own strategy for dealing with this problem; some prefer to harvest and take the moisture discount while others prefer to let the grain dry in the field and risk some yield loss. Temperatures are falling and some frosts are occurring, both of which will help the crop dry faster. The Buenos Aires Grain exchange increased its estimate of th...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...