After the corn harvest delays of last year, most Argentine exporters cut their programs for March shipment in order to reduce high demurrage rates should there be a repeat this year. There is also another big risk, and the effect of this situation is already apparent in the FOB market and corn premiums. Soybeans Argentina’s soybean crop situation is good, and production forecasts remain at 54.5-55 MMT for the current year. However, the high soil moisture and hot temperatures in the flooded areas are bringing danger of some diseases to the crop. Additionally, traders are on alert because March rains are expected to be higher than usual (above 150 millimeters). This might complicate the harvest when farmers go inside the fields of Santa Fe...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.