Total Argentine farmer selling of corn has now reached approximately 2.3 MMT, 10 percent of the expected crop. Although the harvest has been active this past week, the setback in CBOT prices after the WASDE report has dampened the selling mood among producers. Corn Argentine corn exports increased with farmers selling about 800,000 MT in one week. That is about equivalent to what they had sold over the past few months. Origination was at 90CK for April and May (5 cents above the FOB offers) and +65CN for June and July (5 cents below FOB offer side).Total Argentine farmer selling has now reached approximately 2.3 MMT, 10 percent of the expected crop. The harvest has been active this past week despite this season's delayed crop conditions...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.