Corn Market The Argentine corn FOB market continues to be pretty similar to what was reported last week. Some trading houses are running out of corn export licenses, so there are not very many offers FOB. The government this week began authorizing the 2.75 MMT of corn export licenses. Thus far at least 500,000 MT were approved. The market believes that trading houses could cover some of the export license shortage before starting to sell again.Only one trade was reported during the last week when October shipment was worth -70 CZ. One seller was willing to trade at that level, while the rest were at -60 CZ. November and December shipments are offered at -60/-65 CZ, but demand was waiting to trade at about -75 CZ. Buyers were looking for...
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.