Argentina's Soybean Crop Likely Fewer Than 44 MMT The most recent reports, including one from a large soybean processor, from Argentina indicate that the country's soybean crop is likely to fall below 44 MMT. Farmers are now harvesting their full-season soybeans and they are finding yields of only about 1.87 MT/ha (27 bu/acre). An analyst at one firm, Lartirigoyen, reduced his forecast for Argentine soybean crop to 42.6 MMT. Evidently, an early frost hit parts of the southwestern growing areas last week and did substantial damage to double-crop soybeans that are not mature. Only 2.02 MMT of soybeans from 992,692 hectares have been harvested as of today, according to the Buenos Aires Grain Exchange. As the harvest progresses, more i...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...