Corn The Buenos Aires Grain Exchange lowered its forecast of Argentina’s corn harvest estimate by 2.5 MMT down to 54 MMT last week. The main reasons are the February heatwave (which affected the mid- and late-season corn), excessive rainfall, and inclement weather that caused yield losses, plant overturns, etc. The unusually high incidence and severity of Spiroplasma bacteria was also noted as a reason for the reduced output. Many farmers are noticing that the incidence of Spiroplasma and its effects are larger than expected. Many plants appear be to healthy or nearly healthy at first glance, but the cobs are later found to be affected. Rain continues to fall steadily across Argentina, resulting in significant water accumulat...
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
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.