Market Overview It has been a hard week for the Argentina grain markets. The macroeconomic situation is becoming more complicated every day and hurting businesses. The exchange rate spread (official versus black market) is trading above 125 percent and there is also a big spread (close to 100 percent) against financial dollars. The measures the government took to avoid more loses in central bank dollars are worsening the situation. Right now, Argentine companies have very limited/no access to U.S. dollars, and imports are nearly prohibited, as is moving money out of Argentina. Despite the government doing their upmost to avoid it, it seems that the only way out is with a large currency devaluation. Such action now seems inevitable,...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.