Corn Market This week the corn market in Argentina continued to be relatively quiet. A significant volume of export licenses for old crop corn were approved by the government. More than 1.4 MMT were approved and are ready to be applied to FOB contracts. While trading houses are applying these licenses to cover their shorts, currently more FOB sellers are appearing. Despite there only being scarce demand for October and November shipment, most trading houses are willing to sell these positions and will attempt to discount the offer side in order to capture demand.Having said this, offers are -70 CZ for October and -67 CZ for November. This week some trades were reported at -70 CZ and -75 CZ for November shipment. For December shipment, so...
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.