Argentina Corn Argentina’s corn harvest continues to advance at the national level. After a weekly gain of 2.2 percentage points, harvest has reached 15.2 percent of the suitable area. Although recent rainfall has partially limited fieldwork, it has not had a significant impact on overall progress so far. The national average yield stands at 8.48 MT/ha, with particularly strong results in the Core region. Core North is reporting 9.85 MT/ha, while Core South is at 9.13 MT/ha. As for late corn, most of the crop is currently in the grain-filling stage. Recent rains continue to support crop recovery and help preserve yield potential. At present, 77.3 percent of the area is rated Good to Excellent, while 93.7 percent shows Adequate to Opti...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.