Wheat The long-awaited rains have finally arrived in southeastern Buenos Aires, with precipitation totals ranging from 20–50 mm. While the rainfall isn’t sufficient to complete the wheat crop, it provides relief to an area where plants were beginning to suffer. For now, it halts the decline in expected yields, but more water will be needed within days, particularly in the west and southwest.Despite October’s rains, the Buenos Aires Grain Exchange reports that 31 percent of the wheat remains in regular to drought moisture conditions. Additionally, there has been a slight deterioration in crop condition from the previous week, with only 33 percent of wheat now in good-to-excellent condition. October’s rains have supported fields where wh...
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.
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s grain imports have fallen off in recent weeks due to several reasons, according to local experts — large imports of maize earlier in the year built up good stocks, while the availability of local maize has sinc...
What You Need to Know Today: Oil prices moved higher early Monday before giving back some of their gains after drone attacks forced the shutdown of Saudi Arabia’s East-West Pipeline, a critical route for bypassing constrained shipping through the Strait of Hormuz. The disruption puts rou...
Key Takeaways: Expected returns to production for U.S. cow-calf producers have shifted lower from prior forecasts as cattle values fall and feed costs rise. Producer revenues are forecast 1 percent below our August outlook and will be 1.2 percent below 2025 levels. Feed costs have lessen...