Weather and Crops The Buenos Aires Grain Exchange released its Weekly Agricultural Outlook last Thursday, 8 November. During that week (1-8 November), weekly planting progress was estimated to be about 7 percent because of good weather conditions.Nearly 12 percent of the sown wheat area (mostly in the north and marginal areas) has been harvested. Such progress is up 1.5 percent year-on-year. The volume produced was 486,000 MT with an average yield of 1.14 MT/hectare. Currently, the total harvest volume is expected to be 10.12 MMT. Wheat in the southeast and southwest remains in good condition, and the yield forecast is an improvement upon the results of the last campaign.Sowing for the corn crop is already at 44.2 percent of the estimate...
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.