Corn Argentina At the beginning of July, Argentina’s corn harvest started moving quickly and since then has covered almost 50 percent of the area. Now one can say that its essentially finished, as the remaining 5 percent yet to be collected is on margin lands and will take time. Delays during May and June meant that more than 3 Mha were harvested from July through mid-August, which is the biggest area harvested during that time in at least five years. Consequently, the arrival of trucks to ports was considerably higher than in previous years. Upriver ports received 151,648 trucks during the period (equating to 4.4 MMT of corn, 27 percent more than 2020) and south ports received 48,400 trucks (1.4 MMT – 31 percent...
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.