Weather and Crops Most of Argentina's agricultural area received good rain coverage during August-December 2012. In some areas of Pampa Humeda, the core agricultural region, rainfalls were above normal, causing floods that delayed corn and soybean sowing. The map below shows soil moisture levels in the Pampa Humeda region, including the Buenos Aires, Cordoba and Santa Fe provinces. As you can see, some parts of Cordoba and Sante Fe are under water stress. Last week the weather forecast called for normal to good rain coverage over this area, but ultimately nothing happened. We are expecting a hot and dry pattern during the upcoming week, with temperatures around 38-40 degrees Celsius. The previous weeks of dry conditions have nearly deple...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.