The Argentine government is reportedly considering the establishment of a national grain company to compete with multinational exporting firms. Argentine Government Considers a National Grain Company A report posted yesterday on the Argentine website Cronista.com indicates the Argentine government is considering the establishment of a national grain company to compete with multinational exporting firms. The goal of such action would be to increase government currency reserves. Apparently, the grain company would be able to entice farmers to sell their soybeans to it by offering to collect only a 25 or 20 percent export rate instead of the 35 percent assessed by private sector firms. The national grain company would evidently not sup...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
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...