Corn Despite stable FAS prices near $200-205/MT, Argentina’s market saw traded volume decrease. Even so, October is almost here, and farmers have sold 40 MMT of corn and ongoing volumes are still significant. Farmers sold more than 1.2 MMT in the first three weeks of September and more than 2 MMT during August. Prices are good and with the prospect of a bumper crop appearing in 2022, selling now seems like a good strategy. Also, it seems the crop could have been a bit higher than expectations of 50.5 MMT. Exporters have come close to buying the total export surplus (38.5 MMT) and have registered export sales for 36.5 MMT, and plan to continue registering. Notably, however, exporters haven’t sold those 36.5 MMT yet. Expor...
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.
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...