Whether Buenos Aires or Washington, politicians are finding a practical middle to prevent all out failure. In Argentina, after a devastating blow earlier this month in primary elections, the Fernández government has come forward with three measures to sooth the concerns of an angry agriculture sector. The first is the lifting of a ban on beef exports effective on 4 October, the second is proposed legislation to increase agricultural exports by $40 billion over the next decade, and the third is the removal of credit restrictions on farmer soybean and wheat stock holdings greater than 5 percent. It is unlikely that the second initiative would remove the tax on agricultural exports since the government needs the revenues and thus...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.