Sorghum Argentina’s sorghum planted area and production has steadily fallen since the 2011/12 campaign. The highest planted area was 1.27 Mha, which yielded a 4.4-MMT crop. Last year’s crop covered 0.52 Mha and produced 1.85 MMT. This year, it looks like the sorghum crop will be larger, with planted area estimated at 0.57 Mha. The driver behind the diminishing sorghum crop is that sorghum competes with corn for land in Argentina. Sorghum is usually priced at a discount to the corn market and there are only a few exporters that participate in the sorghum market, making marketing a challenge. Recent structural changes in the Argentine markets have benefited corn plantings, and both this year and next look very favorable fo...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.