Macroeconomic Trends The Argentine economy is still not doing well. Poverty is increasing and there are multiple exchange rates with a 100 percent spread between the official and black market rates. Unemployment is large and public workers represent 27 percent of total employed people. The number and amount of government subsidies seem to be increasing monthly. Public accounts are deep in the red, so the government needs fresh dollars to avoid printing money and exacerbating inflation. Currently, the most pressing issue for the Argentine government is the inflation rate, particularly the food inflation rate. Food inflation has been trending higher at 4 percent for the last several months and is expected to continue rising in Februar...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.