Renting Lands Becomes A Difficult Business Tight margins, higher costs, increasing tax pressure and bad results in the past two campaigns makes this business venture less attractive for large companies. Most of them have decided to concentrate planting only on their own farms.Foreign companies have been the most impacted by the government's intervention. These companies bring fresh dollars to invest in Argentina, liquidated them at the official price and now they are unable to buy back dollars and unable to take their dividends (if they have any) out of the country.Local players were also affected by this measure, as they invested dollars and can only receive Argentine pesos in return. Unable to buy back dollars at the official rate, t...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.