Corn Local offers in the free aside shipment (FAS) market are approximately ARS 900 ($156/MT) and farmer selling below that is nil. Some consumers are paying ARS 910-920 ($157.70-159.50/MT). Considering those prices and export taxes at $43/MT, the FOB replacement is approximately +90/95CZ. A few exporters are willing to discount the market and offer the corn at +90/85CZ, but demand is not appearing. One of the biggest buyers for this crop is Colombia, and it is now buying U.S. corn. In fact, USDA reported this week that Colombia bought about 600,000 MT of U.S. corn for October, November and December shipment.Colombian consumers really like Argentine corn and buy it in combination with Hipro meal. Argentina is a favorable origin for pur...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.