Corn Corn has become the darling of Argentina’s local markets this week. Prices have been volatile with swings averaging $7-8/MT. Despite the volatility, farmer selling has been strong, especially for the new crop. Even with some declines, prices are still excellent for farmers and offer strong production margins. It seems that the combination of a more stable forex market, good prices, and last week’s rains are encouraging farmers to sell at a faster pace. Farmers have sold nearly 80 percent of the old crop, but prices are good and there are still some farmers who need to sell or make payments for summer planting of corn and soybeans. Exporters found they can only buy some volume at 170Z FOB parity while the FOB market was bi...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.