Rains delayed soybean and corn harvest progress in South America last week, creating the possibility of significant market impacts later. The rally in CBOT corn has limited upward movement in Argentine basis, and wheat exporters are taking action. Soybeans Argentina’s soybean harvest started slowly last week due to the rains. Only 3 percent of the national area was covered, 5.6 percent below the last campaign. Production estimates are still rising, and exporters are expecting 57 MMT. Initial yields are above 4.2 MT/hectare, which strongly indicates total production will exceed that expectation. Rains are expected for the next 10 days in all areas of Buenos Aires, Santa Fe, Cordoba, Rosario and Entre Rios, further slowing the harvest.The F...
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
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.