Corn Harvest Progress and Crop Conditions Rain has slowed the corn harvest across much of Argentina’s central region, with progress advancing just 1.4 percentage points over the past week. So far, 8.1 percent of the national total has been harvested, surpassing last season’s pace by 5.1 percentage points, with an average yield of 7.88 MT/ha. Late-planted corn has shown a significant rebound in Córdoba and much of Buenos Aires province. However, some areas in Buenos Aires have suffered from flooding, which could result in acreage losses. Meanwhile, rainfall remains scarce in northern-central Santiago del Estero and the agricultural region of Chaco, significantly affecting production in these areas. Crop conditions remain s...
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.