Soil Moisture Top soil moisture levels in the Pampa Humeda region are clearly recovering. The rainfall received last weekend and the beginning of this week helped improve conditions, particularly in the south of Santa Fe and the south of Cordoba. The weather forecast is calling for more showers in the coming days. Wheat The market has been showing some movement these days and prices in Argentina are rising. This week 12 percent protein traded at $258 for March shipment to Africa. Africa continues to look for additional tonnage at more deferred positions, like May or June. Chile and Peru also are looking for 12 percent protein wheat.There is still good demand from North Africa for 11.5 percent protein wheat, which has been shipped fro...
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: 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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...