Corn Heavy rains that fell across a large portion of Argentina’s agricultural area last week slowed the arrival of trucks to export ports. The number of trucks arriving daily fell from 2,400 in the prior week week to 1,400 last week. The number of truck arrivals at southern ports was still 500 per day. In the meantime, harvesting continued with a primary focus on soybeans. Corn harvest made slow advances last week, increasing by 2.2 percent. Despite the slow corn harvest and the slowdown in truck arrivals at ports, the vessel lineup is increasing and now stands at 1.9 MMT at upriver ports (versus 1.6 MMT the prior week). The lineup at southern ports is mostly unhanged from the prior week at 0.7 MMT. April ended w...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.