Macroeconomic Outlook Argentina remains in chaos. In the last few weeks, the country has endured a strike of transporters protesting the lack of diesel, which is real issue and one affecting the whole country in the middle of the corn harvest. The strike affected the arrival of trucks to the ports but was lifted once the transporters achieved a 16 percent update in the tariffs, but they continue with their protests since the lack of diesel oil still exists. Argentina’s Minister of Economy, Mr. Martin Guzman, resigned last week and his departure caused a tsunami in the economic indicators of the country. The country risk rose sharply, bonds and shares of Argentine companies fell, and the Argentine peso collapsed as measured against a...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.