Corn Argentina’s corn harvest is moving faster now that the soybean harvest is nearing its end. Over the past two weeks, farmers harvested 7 percent of the corn, bringing the total harvest to 36 percent completion. WPI expected better progress than that, but high moisture levels in the crop are limiting harvest progress. Hopefully, the sunny days and frosts that are forecast for this week will help dry the corn and allow harvest to move faster. The latest yield data is coming in better than expected and the Buenos Aires Grain Exchange still forecasts the crop at 46 MMT. The Rosario Grain Exchange is more optimistic with a forecast of 50 MMT while most traders/analysts are somewhere in between the two numbers. Farmer sel...
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.