Argentine Farmers Continue to Reduce Soybean Sales Argentina’s farmers continue to hold back on selling their new crop of soybeans and selling less of their old crop compared to a year ago. Instead of selling they are holding on to their crop in expectation of a devaluation of the Argentine peso in the future. Soybean and corn prices also are lower because of the low water level at ports of the Parana River that has raised ocean freight rates. Today a Cofco-owned ship loaded with 42,000 MT of soymeal ran aground on the river and was blocking the waterway. The water level is not expected to increase significantly before the rainy season begins in September. New crop soybean sales last week by farmers totaled only 13,000 MT to...
Corn Argentina Corn planting for Argentina’s 2026/27 commercial crop is now underway, with 1.5 percent of the projected 8.4 Mha already seeded. Progress is concentrated mainly in central-northern Santa Fe, where around 13 percent of the regional area has been planted. At the same time, fa...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.