Corn lineups are astonishing everyone in Argentina. More than 1.5 MMT were loaded in January, and close to 2 MMT are slated for February. March/April/May lineups will also be higher than expected as most exporters sold larger volumes than estimated. June onward, though, is another story. Grains Argentina is not accustomed to the level of trade that is the current norm. It used to be very easy to trade grains there (corn and wheat) as export margins were in the range of $20-80/MT due to government intervention. Now, however, the situation is totally different in an almost free market environment. With unlimited export licenses, exporters will have to conduct real trading in order generate profits as exclusively buying from farmers and sell...
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
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.