Weather and Crops More rain fell over a majority of Argentina's agricultural area in the past day. The map below shows the rainfall received during 1-22 October. From 23-29 October, about 40 millimeters of rain fell in the area, with some areas such as Entre Rios receiving as much as 100 millimeters.The following map shows soil moisture. The blue and dark green areas, which cover most of the Pampa region, represent areas with excessive amounts of water.Excessive soil moisture is hampering crop plantings. Only 37 percent of the expected corn area has been sown, but farmers have had to stop planting activities. In some areas such as Entre Rios, where rains were at least 400 percent above the normal amount for October, planted areas suffere...
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: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...