Weather and Crops No rains fell in Argentina's agricultural area during the past week. In fact, most areas received sunny, hot weather that helped dry the soils. There are approximately 13-16 million hectares of land affected by excessive water moisture, but that area could be reduced if current climate conditions stay the same.It is still too early to know how the rains could affect the final corn production numbers, which USDA estimated at 28 MMT. Planting continues to be very slow or delayed, and ultimately the planted area could be cut slightly. Keep in mind that some plots will be replaced with late plantings.Only 3.6 percent of the total estimated area under soybeans has been planted. This compares to the same time last year when 1...
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.