Little Rain in Dry Argentine Areas until March Two weather forecasters in Argentina have told Reuters that they do not expect any break in the drought impacting parts of Argentina until at least March. "The situation is serious. It would almost take a miracle for the drought not to continue through the rest of February," said German Heinzenknecht of the Applied Climatology consultancy. Eduardo Sierre, a climate expert at the Buenos Aires Grains Exchange, also indicated heavy rains are unlikely in those areas over coming weeks. Last week the Buenos Aires Grain Exchange cut its forecast for the Argentine soybean crop to 50 MMT and is expected to reduce that number further in its next forecast. Emilce Terre, head of research at the Rosarios...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.