Wheat The Buenos Aires Grain Exchange, as other exchanges and analysts have done, lowered its wheat crop estimate to 17.5 MMT versus 20.5 MMT in its previous forecast. The reason, of course, is the severe drought causing serious problems for crop development and currently limiting grain filling in the north. Consequently, sharply lower yields are expected for this year. There are even fields where farmers decided to fumigate the wheat crop and prepare the soil for an early soybean crop. Rainfall maps are starting to show some precipitation for mid-October, which will surely help, but it does not seem that amounts will be large enough to offer substantial benefit and irreversible crop damage has already occurred. Forecasts are also s...
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.