Corn Argentina’s corn markets are largely following the past few week’s trend. Farmers seem to be increasingly comfortable selling corn rather than soybeans, which is resulting in strong corn volumes each week. Last week started with slow origination and small volumes through Wednesday as exporters tried to push prices lower. They failed as farmers only sold small volumes. Once exporters increased bids, larger volumes started appearing again. At the end, over 600,000 MT of corn was originated for the first week of March 2021. FAS prices were slightly below those of the prior week, which helped ease replacement values. Corn is worth about 48K for spot position and 55K for April and May delivery in the FAS mar...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...