Weather The weather was the primary focus for South America’s grain and oilseed markets last week. Argentina’s wheat yields continue to be negatively affected by the ongoing drought, and the summer crop outlook is dimming for the same reason. Different agencies are already estimating a wheat crop of 15 MMT in the best-case scenario. The effect of the frost on 8 and 9 October is now being realized and is larger than expected. The first wheat fields are now being harvested in the north of the country with yields below expectations. In the nucleus region, yields are expected to be fall below 2 MT/ha. Finally, the south is the best performing area and yields will only be slightly affected. Can the production estimate...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.