Soybean Plantings in Argentina Delayed by Flooding Last year Argentina suffered a severe drought that sharply cut its soybean production. This year the problem is early season flooding that is delaying the planting of corn and soybeans. A report yesterday indicated that as many as 14 million hectares of farmland in Buenos Aires and Santa Cruz provinces were so flooded they cannot be planted, according to Luis Etchevere, head of the Argentine Rural Society. Etchevere said that this included 11 million hectares in Buenos Aires province and 3 million hectares in Santa Cruz province.The flooded land is most likely to reduce the area planted to corn and increase the area planted to soybeans. Also, the delay in plantings of soybeans may reduce...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.