Corn The Argentine corn crop is not starting off well due to inadequate soil moisture in most of the core areas due to lack of rain that is delaying planting activities. Plantings are delayed year-on-year by about 10 percent.The Buenos Aires grain exchange reduced the estimated planting area by 100,000 hectares down to 3.46 MMT. Total planted area is now 8 percent complete. The most affected regions are the north and south core areas where the delay in planting is 29 and 22 percent respectively. Because of the delays, there could be an increase this year in the core areas with late planted corn. If this occurs, the big volumes in the FAS market will appear for late shipments (June and July). That could heat up price premiums for March...
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: 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...