All ports in Argentina are facing logistic challenges that stem from Monday’s strike by two popular trucker unions. Meanwhile, traders there are debating whether to sell new crop beans now or wait. While replacement is above $0.70/bushel, the scenario could change radically. Soybeans All Argentine ports are facing logistic challenges that stem from Monday’s strike by two popular trucker unions. Representing approximately 80 percent of the country’s truck fleet, they demanded a tariff increase of $1.50/MT per kilometer. In some ports like Bahia Blanca, 100 percent of the truck fleet is on strike. Bahia Blanca has not received any trucks since last Monday, while Rosario and its surrounding ports received only 1,600 trucks that day. On the p...
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.