Argentina Corn Argentina’s corn harvest continued to advance nationwide, gaining 3.8 percentage points on the week to reach 19 percent of planted area. Fieldwork maintained a solid pace across most of the agricultural region, with the national average yield currently estimated at 8.53 MT/ha. As harvest progresses, yields across the main producing regions remain strong, although the expected regional variability persists. Regarding late corn, most fields are currently in the grain-filling stage, while the first plots are beginning to reach physiological maturity in southern Córdoba and both core regions. Crop conditions remain largely favorable, with 73.1 percent rated Good to Excellent and nearly 95 percent showing Adequate to...
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.