Macroeconomics With strikes and farmers meeting en masse to protest the new export taxes, the Argentine government has decided, for the moment anyway, to leave the export taxes at 30 percent for soybeans and 15 percent for wheat, corn, and barley. Even so, Congress has given Argentina’s new Presidential administration the power to increase these taxes by an additional 3 percent if they wish. The new governor of the Buenos Aires province also recently passes a law that allows him to increase taxes further. The law came after hard negotiations and concessions by both sides. One of the most controversial provisions in the law is the real estate tax that will increase between 15-75 percent, depending on the value of the property...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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.