Corn Argentina’s corn planting is finally concluded with a total of 7.3 Mha planted. The Buenos Aires Grain Exchange, which had been estimating an excessively high production of 57 MMT, reduced its forecast to 51 MMT. That number is in-line with market estimates due to drought during critical growing/yield definition periods. Despite February’s rains, 24 percent of the corn crop is still in drought conditions. At the same time, 25 percent of the total is rated fair/poor condition. Breaking that out in more detail, the late-planted crop is in much better condition than the early crop and still has time to express its full yield potential. It is very important that rain continue to fall during February. Forecasts are show...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...
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.