Argentina’s corn market was active this week and the advancing harvest pressured FOB prices where premiums for 15-March fell to $0.46K. The soybean harvest in Mato Grosso is advancing ahead of schedule but demand for Brazilian soybeans... Soybeans Argentina Soybean production keeps increasing in Argentina, along with the rest of South America. Brazil has what will be a historical record of 108 MMT while Argentina seeded 19.2 million hectares this year, only 1 million less than in the record 2014/15 campaign. Nevertheless, with some drought at the beginning of the seeding, flooding later, and some soybean area replaced with corn, Argentina was expecting no more the 54 MMT of soybeans two months ago. That estimate was lower than Argentina’...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...