Wheat The quality issues (low test weight) in Argentina’s wheat that WPI has noted in recent weeks now seems to be quite localized in the Southwest of Buenos Aires province, near the port of Bahia Blanca. Nevertheless, there doesn't seem to be a current need for exporters to go out and seek demand for feed wheat. So far, they have managed to keep the quality averages within the committed parameters for grain being loaded on ships. It's important to mention that the export programs are not very large currently, which gives exporters time to blend wheat to meet quality specs. The main reason was the lack of demand, as Argentina is finding it challenging to be competitive and avoid booking exports at negative margins. The quality reach...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
From WPI Consulting
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.