Corn The weather continues to give no respite for Argentina’s corn crop. The country is experiencing a heat wave with few precedents at a time of relentless drought no predicted rains. Both crop conditions and moisture conditions continue to deteriorate week by week. Presently, 63 percent of the crop is rated as growing in poor/dry moisture conditions and 56 percent of the crop is in poor/very poor condition (with 38 percent fair). Many farmers are shredding their corn plots to use for animal feed (something that will also be scarce). At this point, expectations of a 40-MMT crop seems super optimistic and market estimations are already below that (however, USDA estimates 47 MMT and local exchanges predict 41 MMT). The weather over t...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.