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: 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...
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.