Wheat Rainfall continues to evade much of Argentina’s wheat-growing region and out of the total planted area, 2 Mha are estimated to be in either regular or poor condition according to the Rosario Grain Exchange. Twenty-two percent of the area is in poor/very poor condition, 25 percent is excellent, and the rest is fair. If there is no rain in the coming weeks, the potential yield is expected to decline again, forcing a reduction in crop estimates, which currently range between 14.5 and 15 MMT. On the other hand, from Buenos Aires province and southwards, where climatic conditions are very favorable, wheat crops are looking very good with above average yield potential. In the markets, there is little change from week to week, and t...
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.
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...