Argentina is poised to harvest approximately 23 MMT of corn, and close to 12 MMT of that should be available for export, assuming the government is willing to take certain actions. Corn Market Argentina is poised to harvest approximately 23 MMT of corn, and close to 12 MMT of that should be available for export, assuming the government is willing to step out of the way and allow the release of more export licenses beyond the present 6.5 MMT. Constraining the flow of corn into global markets is placing Argentine farmers in a situation where they are accepting a very low price of $105/MT for May delivery. Agreeing to such depressed prices is unfortunately necessary because the past season finished with a carryover of approximately 3 MMT and...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.