World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat Argentine wheat is very hot in the domestic market. Argentine millers are desperately trying to buy wheat for their needs, but prices for the cereal have gone up sharply. What is happening in the market? To understand what is going on currently, we need to revisit the meeting between exporters, millers and the Argentine government that took place on 6 March 2013. At that meeting, the government realized that the 5.1 MMT of export licenses it had granted to exporters in 2012 were well above the country's exportable balance. The drop in wheat acreage and bad yields in many regions had diminished the exportable surplus to 3 MMT. Exporters who had obtained export licenses in 2012 were forced to prepay them. Further exacerbating the sit...

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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.

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