Argentina Corn Rains continued across Argentina’s core agricultural regions, with additional heavy accumulations keeping rural roads largely impassable and further slowing the corn harvest. Harvest progress remains limited at approximately 3 percent per week. At the same time, farmers are prioritizing soybean harvesting despite elevated moisture levels to avoid pod sprouting. As a result, fieldwork is expected to remain heavily focused on soybeans in the coming weeks, likely extending delays in corn harvest. Corn line-up remains near 2.5 MMT, in addition to 2.3 MMT loaded between 1 April and 14 April. Truck arrivals at ports have slowed, with a larger share of soybean deliveries relative to corn. This comes amid several days of trucke...
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.