Grains Wheat Argentina’s wheat crop continues to show good development across most of the country. While some areas remain affected by flooding, favorable weather has helped reduce excess moisture in many fields. In the core region, July rainfall exceeded the historical average, leaving crops in very good condition with optimal moisture. In the north, recent rains have been sufficient so far, though additional precipitation would help sustain high yield expectations. Currently, about 4 percent of the wheat crop is in fair to poor condition, and 13 percent is experiencing some degree of water shortage. However, 62 percent is rated good/excellent and 34 percent normal. These figures suggest no major concerns at present, and good yields...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.
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...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Russian Grain Markets: 8-12 June 2026 The Russian grain market was highly volatile during the week. The export market, the primary driver of domestic prices, remained stagnant, and bearish sentiment persisted. Weaker demand and expectations for a strong upcoming harvest encouraged exporters to...