Buenos Aires Grain Exchange Forecasts Soybean Crop at 46.2 MMT The Buenos Aires Grain Exchange today issued its first forecast for Argentina's 2012 corn and soybean crops. It is forecasting soybean production at 46.2 MMT and corn production at 22 MMT. That compares to the forecast issued previously by the Rosario Grain Exchange for 49.5 MMT of soybeans and 21.4 MMT of corn.The lowest forecast by an Argentine private sector group for the country's soybean crop is 45.5 MMT and the lowest forecast for the corn crop is 18.5 MMT. The most recent forecasts all have been toward the low end of the estimates. Plunging Bulk Shipping Rates Undermine Container Shipments One of the most interesting developments in bulk agricultural commodity shipme...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.