Weather and Crops Between 28 November and 5 December, soil moisture levels greatly increased in Argentina. Between 25-100 millimeters of rain fell over the northeast agricultural area on 7 December and 11 December.The barley crop harvest has been delayed by the rainfall over Buenos Aires and La Pampa during the past two weeks. Farmers reported that the yields are lower than expected because of the fungal diseases that took advantage of the excessive moisture and low radiation activity. The Buenos Aires Grain Exchange last week released its weekly agricultural outlook, which noted that about 17 percent of the area has been harvested with an average yield of 2.6 MT/hectare. The final production estimate was therefore reduced by roughly 500...
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...