Corn Intense rains have fallen over practically all of Argentina’s agricultural region in the last few days, delaying the corn harvest. The reported weekly progress was only 1 percent, and the total harvested area stands at only 3.2 percent. Several days of good weather will be necessary to allow combines to re-enter the fields, but forecasts still show rain until at least 23 March. As a result, the arrival of trucks at ports has not picked up momentum, while the vessel lineup remains high and over 1 MMT. Overall, exporters are cautious with corn programs for March because of these delays. However, it's not surprising to see exports exceeding 3 MMT per month in April and May. If the strong harvest doesn't kick off, April ships...
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.