Corn Market By the end of last week after some trades were made, Argentine corn premiums became firmer. This week the FOB market remained the same. Main issues to highlight are that sellers are running out of export licenses, the CBOT is in a downward trend, and Argentine corn is still not competitive. Because there is a lot of demand for deferred shipments, most trading companies sold some house cargoes and a lot of trades were performed during the last week.Last week we wrote that the Argentine government authorized more than 0.80 MMT of corn export licenses. This week the government announced that those licenses will be applied to the new crop. The 2.75 MMT of old crop corn released by the government will be authorized during the week...
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
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.