Macroeconomics Argentina’s macroeconomic situation is not good. The peso, Argentina’s currency (AR$), has been depreciating in recent days while the official rate remains unchanged due to government intervention. The spread between the official rate and the “blue dollar” is about 70 percent (100 versus 170 ARS/USD). The country’s markets also suffered from MSCI Inc.’s decision to downgrade the country from an “emerging” to “standalone” market, a move that was worse than expected. The downgrade comes three years after MSCI downgraded Argentina from “frontier” market to an “emerging” market based on government controls and debt levels. The latest rating is al...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.