Corn Argentina Finally, Argentina’s corn harvest had a week with strong progress. Farmers harvested 10 percent of the fields, bringing total harvest progress to 72 percent. Good weather has helped lower grain moisture levels and many farmers decided its time to accelerate the harvest, despite kernel moisture levels still above commercial standards. Some farmers will still have to take discounted prices for high-moisture grain, but discounts will be far less now. Yields are still exceeding expectations and the Buenos Aires Stock Exchange forecasts the crop at 48 MMT while Rosario Stock Exchange’s estimate is 51 MMT. The market and trading are working with an average crop size of 50 MMT. The good news for far...
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...
From WPI Consulting
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.