Wheat Argentina Argentina’s wheat harvest is 54 percent complete after advancing 8.5 percent last week. Yields in the center and south of the agricultural area continue to surprise with values 0.3-2.03 MT above expectations. In the nucleus region, with harvest nearing the end yields are averaging 5.3 MT/ha, with minimum reported values of 4.5 MT/ha and maximum yields of 7.3 MT/ha. The South of Buenos Aires province is just starting to harvest with first yields slightly above expected. Given the above scenario, the grain exchanges again increased their crop estimates. The Buenos Aires Grain Exchange raised its forecast from 20.3 MMT to 21 while the Rosario Grain Exchange increased its projection from 20.4 MMT to 22.1 MMT...
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
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.