Market Overview and Election Results Last week there was very little activity in the markets leading up to Sunday’s elections. The government completely restricted the exchange market, both formal and informal, to prevent a significant depreciation of the Argentine peso prior to the elections. The elections generated a lot of uncertainty, and the widespread expectations of a devaluation paralyzed markets. Any grain sales carried the risk of being paid after the elections or even the day before, with few safe options for where to place those pesos. The reality is that the elections were a big surprise. While it was expected that there would be a runoff between Sergio Massa and Javier Milei (from the right-wing party), the entir...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
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...