Corn According to the Buenos Aires Grain Exchange, Argentina’s corn harvest reached 98.5 percent with a total collected volume of 49.5 MMT. This means the final production estimate will be 50-50.5 MMT, above the 48 MMT estimated a few weeks ago and close to the 51-MMT trade estimate. Upriver ports are flooded with corn as vessels continue to load below-normal volumes. Consequently, the vessel lineup at south ports is still big (1.1 MMT) with waiting times over 10 days. With port storage full, exporters are only receiving a small number of trucks per day and the volume is from old contracts. They are still not able buy with prompt discharge. Farmers are getting nervous as they need to deliver to receive revenue and avoid...
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.