Wheat After Argentina’s recent presidential election and in anticipation of the runoff election, the current government extended the possibility for all exports of goods and services to access 30 percent of the foreign currency at a higher exchange rate. This move was made to keep financial dollars stable and to help win votes for the current administration in the runoff election. This is how the program works: out of the total foreign currency that exporters must bring into the country for exports, 70 percent must be exchanged at the official exchange rate (350 AR$/USD), and 30 percent can be exchanged at the financial dollar rate (approximately 890 AR$/USD). This results in an average exchange rate of approximately 515 AR$/U...
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
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.