Corn Argentina exported 2.9 MMT of corn in April and 2.5 MMT in March. Approximately 3 MMT will be exported in May, and we can expect about 3 MMT of corn exports per month for June and July. The final volume exported through the end of July should be 14.5-15 MMT. During the 2011/12 campaign, Argentina exported a total of 17.5 MMT, 10 MMT of which were shipped between March to July, down about 5 MMT from the amount shipped during the current campaign. Approximately 7.5 MMT were exported between August to the end of February, which is more than the 2 MMT estimated for the current campaign.The Argentine government is not authorizing any more export licenses, and the amount already granted amounts to 18 MMT. About 1 MMT of these were assigne...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.