Corn Market Update Argentina Faces Harvest Delays and Changing Trade Dynamics Corn harvest progress in Argentina was slow last week, with only 1 percentage point gained due to early-week rainfall. As a result, the total harvested area has reached 20 percent. With improved weather in recent days, harvest activity is expected to pick up. However, soybean harvesting has begun in early fields, and as it becomes more widespread, corn harvesting typically slows as machinery and logistics shift focus. Late-Planted Corn and Weather Risks Although 90 percent of late-planted corn is still rated normal to excellent, heavy frosts were reported recently, which may impact yields in some fields. While it's too early to quantify losses, grain filling could...
What You Need to Know Today: The U.S. dollar continued to strengthen Thursday as persistent inflation reinforced expectations for additional Federal Reserve interest rate hikes. Higher Treasury yields have helped support the dollar, potentially reducing the competitiveness of U.S. agricultural...
Key Takeaways: Dry bulk freight markets were stronger this week, but the rally was uneven and due to divergent dynamics across basins and vessel classes. Panamax markets were broadly higher, but Atlantic grain demand was primarily responsible while Asian activity was subdued. That trend...
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.