Corn The Argentine corn lineup surprises us every day. The volume shipped during the first few months of the campaign was almost a record. March loadings amounted to 2.8 MMT, and the final number for April should be around 3 MMT. This volume is within the limit of the port's monthly loading capacity. Some vessels were passed from April shipment to May. The May lineup will be huge because regular May sales will have to include what was not shipped in April.There were several problems during the month of April in addition to the fact that corn did not arrive at ports. Exporters did not anticipate this situation. The corn and soybean harvests overlapped, which reduced the advance on the corn crop. Farmers chose to concentrate on the soybean...
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.