Mauricio Marci was elected president of Argentina on 22 November 2015 based on a reform agenda he promised as a market-oriented conservative. Since he took office, there have been several notable changes.Mauricio Marci was elected president of Argentina on 22 November 2015, an election WPI followed closely given the reform agenda he promised as a market-oriented conservative. As pointed out at the time, some economic reforms may be hard fought as he garnered only about one-third of the seats in the Chamber of Deputies and less than that in the Senate. Following is an update on some of the political and policy changes in Argentina under Marci’s presidency:Currency and Exports: On 17 December, the date Marci assumed office, Argentina removed...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.