Policy Updates Argentina’s new government led by Javier Milei has begun and several new measures have been implemented. Despite being unpopular and restrictive, these measures promise to adjust the macroeconomic landscape over the coming months and eventually reduce inflation and free markets. The most significant measures include a strong devaluation of the official currency, which rose from 360 to 800 ARS/USD. This led to a decrease in the gap compared to financial dollars from over 150 percent to 30 percent. Imports will incur an additional 17 percent tax, while exports will have an exchange rate of 860 ARS/USD. There will no longer be government intervention in exports and public spending and subsidies will be reduced significan...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
From WPI Consulting
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.