Corn Argentina’s corn planting advanced 5 percentage points last week, reaching 29.9 percent of the projected national area. However, excess moisture continues to hinder fieldwork in central and western Buenos Aires provinces. As a result, early planting will likely fall short of initial plans, prompting many farmers to switch to late corn. In the core agricultural region, early planting is essentially complete. Nationally, early and late corn are now expected to account for 50 percent each of total planted area—slightly below last season, when early corn represented 55 percent, helping to avoid corn stunt disease issues in late crops. Even so, early planting remains above the five-year average of 45 percent. Argentina ret...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.