Regional Update Argentina Political and Macroeconomic Situation The Argentine economy had a very complicated week last week. While the official exchange rate remains stable (approximately 130 ARS/USD) the alternative rates (financial dollars and blue dollar) rose to 320-330 ARS/USD. The recent change of the Minister of Economy did not bring certainty and economic policy is still unclear while the central bank is broken, and inflation is rampant. The suspension of importing goods, intended to avoid the outflow of U.S. dollars from the central bank, is starting to paralyze the economy due to lack of supplies. Already, some factories have ceased production and there are growing shortages on supermarket shelves. Amid all this, there i...
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
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.