All ports in Argentina are facing logistic challenges that stem from Monday’s strike by two popular trucker unions. Meanwhile, traders there are debating whether to sell new crop beans now or wait. While replacement is above $0.70/bushel, the scenario could change radically. Soybeans All Argentine ports are facing logistic challenges that stem from Monday’s strike by two popular trucker unions. Representing approximately 80 percent of the country’s truck fleet, they demanded a tariff increase of $1.50/MT per kilometer. In some ports like Bahia Blanca, 100 percent of the truck fleet is on strike. Bahia Blanca has not received any trucks since last Monday, while Rosario and its surrounding ports received only 1,600 trucks that day. On the p...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.