WHEAT The Argentine wheat harvest advanced nearly 14 percentage points this past week, reaching 30 percent of the total area. Good weather accelerated maturation in some fields at the same time forecasts of weekend rainfall pushed harvesters to move quickly. Yields continue to surprise, with some fields producing at levels comparable to corn. The national average yield stands at 3.59 MT/ha, with isolated fields reaching up to 10 MT/ha. Under this improved scenario, production estimates are rising. The Buenos Aires Grain Exchange increased its estimate by 1.5 MMT to 25.5 MMT — the highest in history and nearly 15 percent above the previous record.
Strong yields, however, present two challenges: quality and logistics. Protein content i...
What You Need to Know Today: U.S. and Chinese officials are expected to discuss agriculture and non-tariff trade barriers ahead of Chinese President Xi Jinping’s visit to Washington later this month, potentially opening the door to additional U.S. agricultural purchases or improved marke...
The U.S. will observe Labor Day on Monday, 7 September. U.S. markets and the WPI office will be closed that day. The next edition of Ag Perspectives will be published Tuesday, 8 September...
Key Takeaways: Drought and changes to the multi-year trend in cow slaughter and retention have the potential to dramatically alter beef trim supplies and pricing, and WPI specifically models three different drought scenarios for fall 2026. Based on our models, WPI expects 90 percent lean...
