Wheat Since our last report, there have been some rains in much of the agricultural region that was affected by drought, especially in the Nucleus region and the South of Córdoba. The rains saved many wheat fields. However, some fields have already suffered irreversible damage, and others were not so fortunate and did not receive enough water. Soil moisture maps show that the northern agricultural area, the west side of Buenos Aires, and the east of La Pampa have very little water in the profile. Although this is a time when it generally does not rain much, the crops will soon start to demand moisture. At the national level, the condition of the crops is starting to improve. However, it is still difficult to estimate production at...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.
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...