Corn The Argentine government surprised the world last week by announcing a suspension of new corn export sales through 1 March, the end of the old crop marketing year and the start of the new crop. That means Argentina will only export what has already been declared for export during the months of January and February. Argentina currently has export declarations of 34 MMT out of an estimated export surplus of 38 MMT. Officials claim they need the export ban to ensure adequate domestic corn supplies at reasonable prices to control food inflation. To make a long story short, they are again trying an approach that failed several years ago. The move also seems nonsensical as there are just two months left before the new crop arrives an...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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...