Corn Argentina The pace of corn harvesting improved last week and with a 3.8 percent weekly progress, the total harvested area reached 23.2 percent of the estimated area. Yields remain highly heterogeneous yields but average 6.59 MT/ha. The soybean harvest continues to attract farmers’ attention (16 percent weekly progress) and until they are finished with that crop, they will not move to full corn harvest. The Buenos Aires Grain Exchange maintained its crop estimate at 49 MMT, while the Rosario Grain Exchange raised it from 47.7 to 49.2 MMT, reporting an increase in planted area that was detected late. In both cases, the estimates are in line with what the market was predicting. As for the markets, the FAS closely fol...
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.