World Perspectives
feed-grains soy-oilseeds wheat

Comments from Argentina

With a presidential election looming next month, Argentine farmers are facing difficult decisions in light of the current economic situation as well as a potential change in government.An old friend from Argentina, who manages a large commercial grain and livestock farming operation in addition to his own farm, summarized his opinion of the situation there in a recent conversation that we had. Below is a recap:

Planted area of all crops will be lower except for soybeans. Wheat is expected to decline by 1.75 million hectares with production dropping to 9.5 MMT. (USDA has it pegged at 11 MMT). Corn planted area will decline by 400,000 hectares with production at 21 MMT. (USDA's latest estimate is 25 MMT.) Soybean planted area will increa...

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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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