Floods During the past week, excessive precipitation fell over central Buenos Aires, flooding a third of the area. In some cases, this rainfall duplicated the normal August rains which highlighted the El Nino phenomenon that was forecasted for this campaign. It was expected that this situation would be moderated by the end of September.Private analysts estimate that more than 10 million hectares were affected by the floods, which amounts to about 4,800 million pesos (roughly $1,000 million) in losses, while the government estimates that 3.5 million hectares were affected. Most farmers are waiting for the Buenos Aires government to declare a state of emergency so that taxes can be financed or eliminated by the government. Due to the diffe...
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...
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.